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The common wisdom these days is that every business is a technology business, but it might be more true to say that every business is a business that wrestles with technology — trying to make the most of the opportunities it offers while minimizing the disruption and disintermediation in inevitably brings — and accounting is no exception, according to the profession’s leaders.
In an informal survey of the top figures in accounting, technology and technology-related issues were top of mind, with industry experts citing a wide range of implications for accountants, from the dangers posed by automation and hackers to the new services springing up in data analytics.
Three particular technologies were singled out time and again as of the most concern, including disruptive technologies like data automation, Blockchain and Artificial Intelligence, says Joe Woodard, CEO of Woodard Events.
Read the Accounting Today story HERE.