Academic English Skills Coursework 1: Source Report on Finance Sector
VerifiedAdded on 2022/08/12
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Report
AI Summary
This source report examines the impact of computer systems and software on the financial services and accounting sectors, addressing the potential for job displacement due to automation. The report includes an annotated list of sources, evaluating their relevance and authority. The report explores the application of various technologies, such as robo-advice, and their effects on employment levels, particularly in middle-level and entry-level positions. The analysis considers different sources, including journal articles and conference papers, to understand how automation affects the financial industry and how professionals should adapt to these changes. The report concludes that while automation might replace certain roles, professionals with advanced skills and knowledge will remain essential for job roles that require advanced skills and knowledge.

ade i nglis ills Course or our e e ortAc m c E h Sk w k 1: S c R p
a eN m : Class: ateD :
ssa title or uestionE y q :
Title: T e in reasing use of o uter s ste s and soft are in t e finan ial ser i es and a ounting se tors is li elh c c mp y m w h c v c cc c k y
to result in fe er ob o ortunities in t ese areas in t e futurew j pp h h
lan for o erall stru ture of essaP v c y:
lan for o erall stru tureP v c
ntrodu tionI c
P1. er ie of o ularit ofOv v w p p y o uter s ste and soft are in industrc mp y m w y
P2. i and ob e ti e of essaA m j c v y
P3. ortant te nologies regarding o uting s ste and soft are in finan ial industrImp ch c mp y m w c y
P4. li ation of te nologies onsideredApp c ch c
P5. o e lo ent ill be affe tedH w mp ym w c
Con lusionc
art nnotated ist of our esP 1: A L S c
our eS c 1
T e of sour eyp c :
o ing a erW k p p
eferen eR c :
Fre C sborne M T e future of e lo ent o sus e tible are obs toy, . B., & O , . A. (2017). h mp ym : H w c p j
o uterisationc mp ?.
Te nologi al fore asting and so ial ange
ch c c
c ch ,
114, 254-280.
T is sour e is rele ant be auseh c v c …
nal ses arious o uting te nologies its a li ation in finan ial industr and its effe t on e lo entA y v c mp ch , pp c c y c mp ym
found t is sour e bI h c y…
ear ing t roug oogle s olar and for t is so e e ords t e future of e lo ent o uterisationS ch h h G ch h , m k yw “ h mp ym ”, “c mp ”
are onsideredc
a eN m : Class: ateD :
ssa title or uestionE y q :
Title: T e in reasing use of o uter s ste s and soft are in t e finan ial ser i es and a ounting se tors is li elh c c mp y m w h c v c cc c k y
to result in fe er ob o ortunities in t ese areas in t e futurew j pp h h
lan for o erall stru ture of essaP v c y:
lan for o erall stru tureP v c
ntrodu tionI c
P1. er ie of o ularit ofOv v w p p y o uter s ste and soft are in industrc mp y m w y
P2. i and ob e ti e of essaA m j c v y
P3. ortant te nologies regarding o uting s ste and soft are in finan ial industrImp ch c mp y m w c y
P4. li ation of te nologies onsideredApp c ch c
P5. o e lo ent ill be affe tedH w mp ym w c
Con lusionc
art nnotated ist of our esP 1: A L S c
our eS c 1
T e of sour eyp c :
o ing a erW k p p
eferen eR c :
Fre C sborne M T e future of e lo ent o sus e tible are obs toy, . B., & O , . A. (2017). h mp ym : H w c p j
o uterisationc mp ?.
Te nologi al fore asting and so ial ange
ch c c
c ch ,
114, 254-280.
T is sour e is rele ant be auseh c v c …
nal ses arious o uting te nologies its a li ation in finan ial industr and its effe t on e lo entA y v c mp ch , pp c c y c mp ym
found t is sour e bI h c y…
ear ing t roug oogle s olar and for t is so e e ords t e future of e lo ent o uterisationS ch h h G ch h , m k yw “ h mp ym ”, “c mp ”
are onsideredc
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our eS c 2
T e of sour eyp c :
Conferen e a erc p p
eferen eR c :
gbo o Masi itonsa T M T C T T M TA z , E., h, A., & K , H. (2017). AN OP I IS I OU LOOK ON AU O A ION AND
T F T F M M T nHE U URE O E PLOY EN . I
Фундаментальные и прикладные науки сегодня (pp.
50-52).
T is sour e is rele ant be auseh c v c …
t ro ides detailed anal sis of auto ation and o it ill affe t e lo ent as ellI p v y m h w w c mp ym w .
found t is sour e bI h c y…
ear ing t roug oogle s olar and for t is so e e ords t e future of e lo ent o uterisationS ch h h G ch h , m k yw “ h mp ym ”, “c mp ”
are onsideredc
art our e e ortP 2: S c R p
T e of sour eyp c :
Conferen e a erc p p
eferen eR c :
gbo o Masi itonsa T M T C T T M TA z , E., h, A., & K , H. (2017). AN OP I IS I OU LOOK ON AU O A ION AND
T F T F M M T nHE U URE O E PLOY EN . I
Фундаментальные и прикладные науки сегодня (pp.
50-52).
T is sour e is rele ant be auseh c v c …
t ro ides detailed anal sis of auto ation and o it ill affe t e lo ent as ellI p v y m h w w c mp ym w .
found t is sour e bI h c y…
ear ing t roug oogle s olar and for t is so e e ords t e future of e lo ent o uterisationS ch h h G ch h , m k yw “ h mp ym ”, “c mp ”
are onsideredc
art our e e ortP 2: S c R p

our eS c 3
eferen eR c :
Coo bs C ed an Mar T e i a t of robo ad i e on finan ial ad isers a ualitati e ase stud nm , ., & R m , A. (2018, ch). h mp c - v c c v : q v c y. I
rd ade for nfor ation ste s
23 UK Ac my I m Sy m
nternational Conferen e
I
c (pp. 1-23).
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
t is sub itted inI m rd ade for nfor ation ste s nternational Conferen e i is one of t e re iu organi ations t at23 UK Ac my I m Sy m I c , wh ch h p m m z h
organises onferen e on infor ation s stec c m y m
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2018.
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY
se of our eU S c
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
uto ation and lo ost in finan ial ad isorA m w c c v y ording to a re ort on robo ad i e b enture it is identified t at offerAcc p v c y Acc , h
ost sa ings of aroundc v 70%
auto ation is be o ing soWhy m c m
o ular in finan ial industrp p c y
eferen eR c :
Coo bs C ed an Mar T e i a t of robo ad i e on finan ial ad isers a ualitati e ase stud nm , ., & R m , A. (2018, ch). h mp c - v c c v : q v c y. I
rd ade for nfor ation ste s
23 UK Ac my I m Sy m
nternational Conferen e
I
c (pp. 1-23).
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
t is sub itted inI m rd ade for nfor ation ste s nternational Conferen e i is one of t e re iu organi ations t at23 UK Ac my I m Sy m I c , wh ch h p m m z h
organises onferen e on infor ation s stec c m y m
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2018.
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY
se of our eU S c
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
uto ation and lo ost in finan ial ad isorA m w c c v y ording to a re ort on robo ad i e b enture it is identified t at offerAcc p v c y Acc , h
ost sa ings of aroundc v 70%
auto ation is be o ing soWhy m c m
o ular in finan ial industrp p c y
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our eS c 4
eferen eR c :
stlund C at ould e o after or uto ation and lo entE , . (2018). Wh Sh W D W k: A m Emp ym .
aleY LJ,
128, 254.
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
T is is a ournal a er froh j p p m The ale a ournal and it is ublis ed bY L w J p h y The ale a ournal Co an nY L w J mp y, I c.
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2018.
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY
se of our eU S c
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
ffe ting iddle le el obsA c m – v j
ording to t e M resear ers it is esti ated t at of t e ti e forAcc h GI ch , m h 73% h m i t e of obs ill be ostWh ch yp j w m
eferen eR c :
stlund C at ould e o after or uto ation and lo entE , . (2018). Wh Sh W D W k: A m Emp ym .
aleY LJ,
128, 254.
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
T is is a ournal a er froh j p p m The ale a ournal and it is ublis ed bY L w J p h y The ale a ournal Co an nY L w J mp y, I c.
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2018.
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY
se of our eU S c
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
ffe ting iddle le el obsA c m – v j
ording to t e M resear ers it is esti ated t at of t e ti e forAcc h GI ch , m h 73% h m i t e of obs ill be ostWh ch yp j w m
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i e lo ees are aid are ossible to auto atewh ch mp y p p m affe ted b auto ationc y m
our eS c 5
eferen eR c :
eed C at C s need to do to sur i e t e auto ation re olutionSh y, . (2017). Wh PA v v h m v .
ournal of ountan online ailable at tt s
ournalofa ountan
J
Acc cy,[ ] Av :< h p ://www. j
cc cy.
o ne sletters un sur i e auto ationre olution t l essed Februar
l a
c m/ w /2017/j / v v - m v . h m >[Acc 28 y 2020]. Hü y BOYDAŞ HAZAR,
263.
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
T is is a ournal a er fro sso iation of nternational Certified rofessional ountantsh j p p m A c I P Acc
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2017
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY
our eS c 5
eferen eR c :
eed C at C s need to do to sur i e t e auto ation re olutionSh y, . (2017). Wh PA v v h m v .
ournal of ountan online ailable at tt s
ournalofa ountan
J
Acc cy,[ ] Av :< h p ://www. j
cc cy.
o ne sletters un sur i e auto ationre olution t l essed Februar
l a
c m/ w /2017/j / v v - m v . h m >[Acc 28 y 2020]. Hü y BOYDAŞ HAZAR,
263.
our e aluationS c Ev
ut oritA h yo is t e aut or
Wh h h /
organisation re t e
? A h y
ualified
q ?
T is is a ournal a er fro sso iation of nternational Certified rofessional ountantsh j p p m A c I P Acc
eliabilitR yere is t e te t ublis ed
Wh h x p h ? sI
t e sour e eer re ie ed
h c p - v w ?
t is sour e is eer re ie edh c p - v w
b e ti itO j c v yere does t e infor ation in
Wh
h m
t e arti le o e fro re t e
h c c m m? A h
oints su orted
p pp ?
es t ese oints are su orted b referen esY h p pp y c
Currencyen as t e te t ublis ed
Wh w h x p h ?
re t e itations and
A h c
referen es used in t e te t
c
h x
urrent
c ?
2017
es itation and referen es onsidered in t is assign ent is urrentY c c c h m c
ade i Con entionsAc m c vre a ade i on entions
A c m c c v
used?
esY

se of our eU S c
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
e alue needs to be defined for a ountantsN w v cc
ording to a re ort of enture of lients o are ealt refersAcc p Acc , 68% c wh w hy p
u an ad isor along it robo ad iserh m v w h v
s ills and no ledge areWhy k k w
re uired for rofessionalsq p
ele ant e oint fro t e te tR v k y p m h x u orting e iden e e a le data for t e e ointS pp v c / x mp / h k y p T is oint is useful forh p
aragrap ph…
e alue needs to be defined for a ountantsN w v cc
ording to a re ort of enture of lients o are ealt refersAcc p Acc , 68% c wh w hy p
u an ad isor along it robo ad iserh m v w h v
s ills and no ledge areWhy k k w
re uired for rofessionalsq p
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Con lusions dra n fro our readingc w m y
uto ation ig t re la e entr le el and lo s illed obs but organi ations ill re uire rofessionals for ob rolesA m m h p c y v w k j , z w q p j
t at re uires ad an e s ills and no ledge T erefore e lo ees s ould en an e t eir s ills and no ledge forh q v c k k w . h , mp y h h c h k k w
ensuring t at t eir e lo ent is not affe ted as ellh h mp ym c w .
uto ation ig t re la e entr le el and lo s illed obs but organi ations ill re uire rofessionals for ob rolesA m m h p c y v w k j , z w q p j
t at re uires ad an e s ills and no ledge T erefore e lo ees s ould en an e t eir s ills and no ledge forh q v c k k w . h , mp y h h c h k k w
ensuring t at t eir e lo ent is not affe ted as ellh h mp ym c w .
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