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How can accountants adapt to the era of AI in accounting?

Artificial intelligence will not do away with the need for accountants, but will it lead to a bold redefinition of their roles, argues Kyle Wilkinson, strategic industry advisor at Workday

AI is alive in accountancy from the biggest names to the smallest startups. Many are making use of AI-empowered tools in customer-facing and mid-office work, but are these firms sharing these skills across their business wholesale? The answer: unlikely.

Why get everyone to make better decisions with data? Two statistics for you. First, the market for AI in the accounting sector is projected to grow 30% year-on-year, from 2023-2027, found a 2022 Mordor Intelligence Statistics Report.

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