Publication Type

Magazine Article

Publication Date

10-2017

Abstract

Automation poses a threat tomany of the tasks that are performed by accountants today. Certainly, manyemerging technologies have already begun to perform tasks that havetraditionally been performed by accountants. For example, advancements incloud-based accounting software now make it much easier for small businesses toeasily and accurately enter and edit financial information on their own withoutthe input of accountants. Looking further into the horizon, newer technologiescan now turn hard-copy receipts into a machine-readable format, encrypt them,and allocate them to an account without any input from a human. Such developmentswill continue to reduce the reliance of businesses on accountants.

Discipline

Accounting | Management Information Systems

Research Areas

Corporate Reporting and Disclosure

Publication

IS Chartered Accountant

ISSN

8521-3426

Publisher

Institute of Singapore Chartered Accountants

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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