Accountancy Europe: Accountancy Europe Digital Day – looking ahead

On 29 March we organised the Accountancy Europe Digital Day. Olivier Boutellis‐Taft and Jyoti Banerjee share their views after the event.

Since the clay tokens of around 7000 BC, the accountancy profession has a good track record of adapting to technological innovation. As with all waves of change, many say this time is different; it may however be true in that for the first time, the human brain is losing some of its monopolies.
Today, knowledge, expertise, and experience are stored, built, used, verified, and shared in radically new ways. Computing power and connectivity make complexity a piece of cake rather than a headache – for machines, that is. Plus, developments in artificial intelligence and natural language interaction bring new prospects for robots.
How do these changes impact the accountancy profession? Artificial intelligence, machine learning, and data analytics do more than automating processes and replacing clerical staff: they open up new
ways of doing things and create new things to do.

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