Oxford study "95% chance of accountants/auditors" being automated - Page 2

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  • #1527444
    Jdn9201
    Participant

    I do wonder when I see posts from Blackline on Linkedin for example, about how their product aims for an automated close, automated account reconciliations, etc. They say their role is to help companies automate the non-value added tasks so that their people can focus on more value-added activities (like planning, analysis, etc.) but I wonder if that's just a cover? It makes me glad I don't work on the accounting side (I'm in tax). I'd say automation concerns me to a certain extent, but you will still have to have humans overseeing any automation to make sure the end result is reasonable. I like to think of it as number crunching can be automated, but higher level critical thinking can't (or at least is harder). I would say for us, it means keeping on top of how our jobs may change, and not be afraid to learn new skills so that what skills we have don't become obsolete and replacable. Also too, even if a certain job could be 100% automated, it takes some time for people to trust it, and get buy in to make the investment to transition to it. I would think that large scale replacement of jobs by robots across multiple fields is more of a concern for our kids and grandkids than us.

    BEC - 88 8/29/15
    REG - 82 11/14/15
    AUD - 83 1/8/16
    FAR - 80 2/29/16

    #1527481
    Reverie
    Participant

    You can always work as a book keeper for the low tier primitive companies. :3

    #1527492
    Missy
    Participant

    Yeah I've seen such articles from time to time over the years, it's like the notion that turbo tax or h&r block are going to put the mc tax preparers out of business. Hasn't happened, not likely ever to. But be prepared to learn and use technology in different ways.

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

    #1527558
    Demha
    Participant

    And then you also have the “According to the Bureau of Labor Statistics, the number of jobs for Accountants and Auditors is projected to grow 13 percent through 2020.” WHICH ONE IS IT!

    Gleim baby!
    Grand Valley State University - '15
    Accounting & Finance
    FAR - 2nd Window '16

    #1528062
    rlarivee01
    Participant

    What sweazy said. Seconding that.

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