This essay critically analyzes the impact of Artificial Intelligence (AI) and blockchain technology on the accounting profession. It begins by defining AI and blockchain, highlighting their potential to automate tasks, reduce costs, and enhance efficiency in accounting processes. The essay explores both the opportunities and threats these technologies pose, noting that while AI and blockchain can automate routine tasks, potentially displacing some accounting roles, they also create opportunities for accountants to focus on higher-level advisory and analytical work. The discussion encompasses the applications of these technologies in areas such as auditing, reconciliation, and due diligence, emphasizing the need for accountants to adapt their skills to include technology expertise. The essay further suggests that while blockchain can ensure the certainty of asset ownership and transaction history, the interpretation and valuation of these records will still require human judgment. It concludes by asserting that AI and blockchain present both challenges and prospects for the accounting profession, requiring continuous learning and adaptation to leverage the benefits of these emerging technologies.