The accounting industry is facing major change in the years ahead. Technology like AI and automation are looming specters, threatening to steal jobs and render accountants obsolete. Or they’re harbingers of innovation, signaling a shift to more advisory roles.Depending on how you look at the [...]
Here’s an understatement: starting a small business isn’t easy. Keeping one running is even harder. In fact, according to the Bureau of Labor Statistics, 50% of small businesses fail in their fifth year. That’s right—only half of small businesses make it to five years.The entrepreneurs [...]
According to a study conducted by McKinsey Global Institute in 2017 (A Future That Works: Automation, Employment, and Productivity), data processing jobs such as accounting have a 69% potential to be automated. This means that in the future, much of an accountant’s day-to-day responsibilities [...]
