Accountants can thrive in an artificial intelligence (AI)-dominated workplace just as they have done in other tech revolutions. Artificial Intelligence (AI) will reshape the accountancy profession by changing how tasks are completed at all levels. Leading global accountancy body, ACCA, says that as AI becomes more commonplace, new responsibilities and tasks will emerge for finance teams as they focus on improving controls and specifying the desired information outcomes from machine use.
New roles are also expected to support activities ensuring AI systems remain accurate and compliant with professional standards and regulations. ACCA’s latest AI Monitor report explores how the gradual integration of AI over the coming years is likely to change how accountants work and deliver value from the automation of repetitive tasks to increased knowledge support for decision making.
