The accounting industry is constantly evolving, and the future of accounting is likely to be shaped by a number of trends and technological developments.
One trend that is expected to continue is the increasing use of automation and artificial intelligence (AI) in accounting. With the help of advanced software, many accounting tasks can now be performed more efficiently and accurately. For example, AI-poweredtools are being used to automate tasks such as data entry, invoicing, and tax preparation. As AI technology improves, it is likely that more and more accounting tasks will be automated, freeing up accounting professionals to focus on more strategic and value-added activities.
Another trend that is likely to shape the future of accounting is the increasing use of cloud-based technologies. Cloud-based accounting systems allow firms to store and access financial data from any location, making it easier to work remotely and collaborate with clients. As the use of cloud-based technologies continues to grow, it is likely that more accounting firms will adopt cloud-based systems, leading to increased efficiency and flexibility.
In addition to automation and cloud-based technologies, the future of accounting is also likely to be influenced by a focus on sustainability and social responsibility. As consumers and businesses become more aware of the impact of their actions on the environment and society, it is expected that accounting firms will be called upon to help organizations track and report on their sustainability efforts. This could involve developing new accounting standards and metrics to measure and report on sustainability performance.
Overall, the future of accounting is likely to be shaped by a combination of automation, cloud-based technologies, and a focus on sustainability. These trends will enable accounting firms to provide more efficient and value-added services to their clients, while also helping to drive positive change in the world. As the accounting industry continues to evolve, it is important for accounting professionals to stay up-to-date with the latest technologies and trends in order to remain competitive in the marketplace.
ROME, Italy – Sept. 17, 2019 – PRLog — Technology Futurist & CNN featured expert , Ian Khan, today announced the general availability for a revolutionary FutureReadiness Score, at the PKF Global Conference 2019 in Rome. Attended by over 200 leading Accounting firms across the world, the PKF Global Meeting 2019 in Rome, Italy, is one of the Accounting Industry's leading events for a member only exclusive audience. In a breakthrough session of helping understand the state of disruption and technology impact on the accounting industry, Ian Khan focused on the key challenges and opportunities in the industry today.
The Accounting industry as a whole is under a GIANT Transformation. This is primarily because of emerging technologies
including Blockchain, Artificial Intelligence and others. Today technology remains mostly the domain of computer programmers and technology experts, and yet the applications need to be understood by every industry in order to utilise the benefits of tech and also to avoid risk that emerging technologies pose. Exploiting Blockchain in the Accounting Industry and explaining why Accountants should pay attention to Blockchain & AI, this episode covers everything you need to know about the upcoming disruption coming up in the next few years. I also focus on what the Big 4 are doing, Cryptocurrency, Smart Contracts and more.
Join me your host Ian Khan on my show “The Ian Khan Show” that brings you ideas that are changing the world and conversations with people who are changing the world !
Please share this video, Like and Comment !
In comments below let me know your thoughts and what you would like to see in Future Episodes.
Visit me on my website at www.iankhan.com
Check out my upcoming documentary film Blockchain Cty www.BlockchainCityMovie.com
The Accounting industry as a whole is under a GIANT Transformation. This is primarily because of emerging technologies including Blockchain, ArtificialIntelligence and others. Today technology remains mostly the domain of computer programmers and technology experts, and yet the applications need to be understood by every industry in order to utilise the benefits of tech and also to avoid risk that emerging technologies pose. Exploiting Blockchain in the Accounting Industry and explaining why Accountants should pay attention to Blockchain & AI, this episode covers everything you need to know about the upcoming disruption coming up in the next few years.
I also focus on what the Big 4 are doing, Cryptocurrency, Smart Contracts and more. Join me your host Ian Khan on my show “The Ian Khan Show” that brings you ideas that are changing the world and conversations with people who are changing the world ! Please share this video, Like and Comment ! In comments below let me know your thoughts and what you would like to see in Future Episodes.
Visit me on my website at www.iankhan.com
Check out my upcoming documentary film Blockchain Cty www.BlockchainCityMovie.com
Let's face it, technology has been fast changing the pace at which we work. Computers revolutionized every industry and continue to do so. Last week speaking at a Document Management & Strategy Conference in Boston. I could not help but sympathize with many of the organizations attending that a large portion of our modern workforce is still using paper. Yes, printed paper for transactions, general business, to keep track of things and so on. I personally do not have anything against paper but fail to understand that why in today's era of technology and a tremendous amount savings through technology do companies still consume more paper than necessary.
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Ian Khan, AI Futurist and technology Expert, has been featured on CNN, Fox, BBC, Bloomberg, Forbes, Fast Company and many other global platforms. Ian is the author of the upcoming AI book "Quick Guide to Prompt Engineering," an explainer to how to get started with GenerativeAI Platforms, including ChatGPT and use them in your business. One of the most prominent Artificial Intelligence and emerging technology educators today, Ian, is on a mission of helping understand how to lead in the era of AI. Khan works with Top Tier organizations, associations, governments, think tanks and private and public sector entities to help with future leadership. Ian also created the Future Readiness Score, a KPI that is used to measure how future-ready your organization is. Subscribe to Ians Top Trends Newsletter Here
