Impact of Technology on the Global Accountancy Profession

Abstract

Accounting is the language of business. The rapid pace of technological change continues to disrupt traditional procedures in all spheres, including the accounting profession. The authors examine the potential effects that disruptive technologies will have on both the profession at large and accounting education spjecifical It is predicted that the traditional mix of jobs in accounting firms will change substantially and accountants will need to learn nezv skills when the more traditional tasks become automated and the technical maintenance and analytic needs of the work increase substantively.