Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Will modern technology replace accountants?

user-image
Question added by Rahaf Masri , Account Sales Director , MT3 Digital
Date Posted: 2015/07/27

It's understandable since most people don't know much about what accountants do. There is too much human judgment required in accounting for computers to replace accountants any time soon. It's sort of like asking whether computers will replace lawyers or physicians. Computers can certainly make accounting more efficient by automating purely mechanical tasks such as data entry or basic calculations. But computers cannot, for example, research accounting standards and tax laws and apply them to complex situations comprised of many interrelated facts and circumstances. Maybe someday when artificial intelligence approaches human intelligence, computers will be able to, say, determine whether a contingent liability must be recognized under U.S. GAAP. But at that point, computers will replace pretty much all professions.

Modern technology helps all professions not only in accounting field . And accounting is developing day to day . So it isn't possible to replace or to be instead accountant .

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

not at all, the human factor will be needed but, will be in decrease.

Mohammed  Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

To some extent possible.However, I agree with Mr.Zaid

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.