The Future of the Accountant

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The accounting landscape is changing very quickly and accountants need to take advantage of major technological opportunities such as tax digitalization and automation .

Thus, based on current knowledge of the world of accounting, I intend to help build the future by launching four starting points for discussion:

Waste less time on manual tasks
The first point I would like to make here has to do with the need to waste less time on manual tasks. I don't mean to say that some tasks will not last over time. But what is already a reality for some is a future for others. The use of automation mechanisms in routine, time-consuming and low-profit tasks can now be performed by tools available on the market, allowing accountants to divert to other more valuable tasks.

Redirect the focus of accounting work
The second point concerns the imperative need for accountants to focus kuwait whatsapp number database work on advising clients. Increasingly, accountants, given their unique skills in the market, must be seen by other stakeholders as an important part of the economic, social and legal activity of the company or companies under their responsibility. The accountant of the future, which for me is already here, is responsible for the accounts in their entirety, from preparation , through execution , to support .

More remote work
The third point, which is increasingly no longer a future issue but a present one, is remote work. Here, we have two trends. Remote work carried out by accounting firm employees often improves morale and well-being among employees and between them and the company. There are even several studies on the increase in productivity in cases where the employee ends up focusing more on tasks, unlike what happens when working in large offices with an open-space layout.
But also in the relationship between the accountant and his client , in which many contacts, many meetings, can be carried out remotely, using technological tools that, due to their ease of use, allow a proximity between people never seen before.

Increase the range of skills
Finally, the fourth point, and I left this point for the end on purpose. Everything I wrote previously, namely having more time dedicated to non-manual tasks, focusing on advising customers and working remotely, will only be possible with training.

Accountants must expand their range of skills to meet the needs of the market, clients and even employees , and to do so, they must be constantly available to learn and try new things.

This point is a future for some that, like wishes said between grapes and raisins, will never come to fruition.
For others, it is a present point, which reflects the position of a true accountant who runs alongside his clients , respects all competitors and entities, without ever losing track of his personal life.

For accountants, the challenge is to adapt their processes based on technology, to benefit from the inevitable demand for specialist accountants who can help their client companies navigate this ever-changing world.