Fifty years ago, accountancy was a profession many entered because it provided a solid professional qualification as well as job security for the rest of their lives. After all, everyone needed an accountant.

If they could have time travelled to 2016 and been shown the changing landscape, they might have felt it was all a tad sci-fi. Recent research by CareersinAudit.com shows that the sophistication of technology and automated processes is taking its toll on the accounting profession.

Four in 10 accountants are worried the changes will make their job obsolete in the future. For millennials, who have grown up on the technology wave, this rises to 50%.