Along with all industries, accounting will be, and is starting to already be, disrupted by technology.
One of these impacts, is a strong trend for accountants to need to focus more on analysis and advice and less on simply preparing tax returns and accounts.
The more straightforward technical tasks of accountants are being increasingly outsourced (through use of technology) to developing countries with much lower labour costs … and these tasks will also be increasingly automated over the next few years.
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What implications does this have for us all in business? What is accounting really about … what do I need to know about accounting to be able to be successful in business and/or to invest in businesses?