Artificial intelligence (AI) is quickly becoming a day-to-day reality for many workplaces. This is especially true for the accountancy sector as its technological advancements are leading to a rapid transformation of the sector’s processes and roles.

Developments in technology, including the rise of AI, machine learning (ML) and robotic process automation (RPA), are seeing the automation of a large portion of accountancy-related tasks, which have long been performed by humans.