ACC700 Principles of Accounting: How Tech Impacts Future Roles

This report explores the impact of technological innovation, such as artificial intelligence and accounting software automation, on the skills, ethics, and career opportunities of accountants. It highlights the differences between accountants and Certified Public Accountants (CPAs), emphasizing the importance of advanced education and certification. The report also discusses the role of cloud computing, automated market solutions, and data analytics in modern accounting practices. It suggests that accountants need to adapt to these technological changes by developing strong communication skills, ethical work habits, and the ability to interpret data effectively. The report concludes that while technology presents challenges, it also offers new opportunities for accountants to enhance their delivery of work and build stronger relationships with clients. Desklib provides access to this report along with a wealth of study resources for students.