5 answers
Bennington
Student
Pittsburgh, Pennsylvania
1
Question
Updated
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How will advancements in artificial intellegence limit career opportunites for future accountants and CPAs?
I am planning to attend university to study business/accounting but I am concerned about the future career aspects in light of AI.
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5 answers
Anthony Hitchcock (US)
Auditor
3
Answers
Philadelphia, Pennsylvania
Updated
Anthony’s Answer
Hi Bennington,
I second the responses already given, and want to reiterate a few points. I agree that many tedious accounting related jobs like data entry and bookkeeping will probably be overtaken by AI since these are easy to automate due to their repetitive nature. However, when you get into the higher levels of accounting (such as tax and audit, and especially audit) determining what is the right or wrong answer isn't as simple as just finding the right answer. These are areas that require professional judgment in line with how things actually work in practice - this can't ever be replaced by AI. It will always take a human to make the final call related to these determinations.
In a word, my final answer would be that anything repetitive with clear right and wrong answers will likely be replaced by AI. This still leaves a significant amount of accounting jobs that require judgment that AI cannot replace.
Good luck!
Anthony
I second the responses already given, and want to reiterate a few points. I agree that many tedious accounting related jobs like data entry and bookkeeping will probably be overtaken by AI since these are easy to automate due to their repetitive nature. However, when you get into the higher levels of accounting (such as tax and audit, and especially audit) determining what is the right or wrong answer isn't as simple as just finding the right answer. These are areas that require professional judgment in line with how things actually work in practice - this can't ever be replaced by AI. It will always take a human to make the final call related to these determinations.
In a word, my final answer would be that anything repetitive with clear right and wrong answers will likely be replaced by AI. This still leaves a significant amount of accounting jobs that require judgment that AI cannot replace.
Good luck!
Anthony
Manal R
freelance Digital Artist and Ai Fashion Designer
7
Answers
Alger Centre, Algiers Province, Algeria
Updated
Manal’s Answer
Hello, It's true that artificial intelligence is transforming the accounting field, but rather than eliminating opportunities, it’s reshaping them. Routine tasks like data entry, basic bookkeeping, and invoice processing are increasingly being automated, which can reduce the demand for purely administrative roles. However, this also creates space for more strategic, analytical, and advisory roles that require human judgment, ethical reasoning, and business insight—skills that AI cannot replicate.
Future accountants and CPAs who embrace AI tools and develop complementary skills such as data analysis, financial strategy, and regulatory expertise will be more valuable than ever. Businesses will rely on professionals who can interpret AI-generated data, provide strategic advice, and ensure compliance in an increasingly complex regulatory environment.
By studying accounting and keeping pace with AI developments, you position yourself not only to survive but to thrive in the future job market. The key is to adapt, specialize, and see technology as a powerful tool—not a threat….
Future accountants and CPAs who embrace AI tools and develop complementary skills such as data analysis, financial strategy, and regulatory expertise will be more valuable than ever. Businesses will rely on professionals who can interpret AI-generated data, provide strategic advice, and ensure compliance in an increasingly complex regulatory environment.
By studying accounting and keeping pace with AI developments, you position yourself not only to survive but to thrive in the future job market. The key is to adapt, specialize, and see technology as a powerful tool—not a threat….
Patrick Meyer
Executive - Data Analytics and AI
1011
Answers
Naperville, Illinois
Updated
Patrick’s Answer
Bennington, please know that as you consider pursuing a degree in business and accounting, it’s important to recognize that advancements in artificial intelligence (AI) are already reshaping the accounting profession and will continue to influence its future trajectory. While AI has the potential to automate many tasks traditionally performed by accountants and CPAs, such as data entry, financial reporting, tax preparation, and audit procedures, it also presents significant opportunities to enhance the profession. The key to thriving in this evolving landscape lies in adapting to these technological changes by acquiring new, specialized skills that AI cannot easily replicate.
AI-powered tools, such as robotic process automation (RPA) and machine learning algorithms, are streamlining routine and time-consuming tasks. These technologies can quickly process large volumes of data, detect anomalies, and even generate financial reports with minimal human intervention. As a result, certain entry-level accounting tasks may become automated, potentially reducing the demand for accountants focused solely on traditional bookkeeping and data management. However, this automation frees up time for accountants to focus on higher-value activities, such as strategic decision-making, advisory services, and financial planning.
Bennington, you should know that to remain competitive in the AI-driven future, aspiring accountants must adapt by developing skills that complement these technologies. A deep understanding of AI and data analytics will be crucial for accountants to not only leverage AI tools effectively but also interpret complex data and provide actionable insights to clients and businesses. As AI becomes more integrated into accounting practices, there will likely be increased demand for professionals who can bridge the gap between technology and business strategy, offering expertise in areas like forensic accounting, cybersecurity, and financial analysis. Websites like AICPA - https://www.aicpa.org and Accenture - https://www.accenture.com provide valuable resources on how AI is transforming the accounting profession and how accountants can stay ahead by acquiring skills in emerging technologies.
Moreover, continuing education and professional development will be essential for future accountants. Institutions such as the American Accounting Association - https://aaahq.org and platforms like Coursera - https://www.coursera.org offer courses that provide exposure to AI tools, data analytics, and other emerging technologies relevant to the accounting profession. Pursuing certifications in AI or data science, in addition to traditional CPA qualifications, can also help distinguish you in the job market.
In conclusion, Bennington, while AI will undoubtedly transform the role of accountants and CPAs, it will not eliminate the profession. Instead, it will redefine it, emphasizing the need for professionals who can adapt to technological advancements and leverage these tools to provide higher-level insights and advisory services. By staying informed, upskilling, and embracing AI as an opportunity rather than a threat, you can future-proof your career in business and accounting.
AI-powered tools, such as robotic process automation (RPA) and machine learning algorithms, are streamlining routine and time-consuming tasks. These technologies can quickly process large volumes of data, detect anomalies, and even generate financial reports with minimal human intervention. As a result, certain entry-level accounting tasks may become automated, potentially reducing the demand for accountants focused solely on traditional bookkeeping and data management. However, this automation frees up time for accountants to focus on higher-value activities, such as strategic decision-making, advisory services, and financial planning.
Bennington, you should know that to remain competitive in the AI-driven future, aspiring accountants must adapt by developing skills that complement these technologies. A deep understanding of AI and data analytics will be crucial for accountants to not only leverage AI tools effectively but also interpret complex data and provide actionable insights to clients and businesses. As AI becomes more integrated into accounting practices, there will likely be increased demand for professionals who can bridge the gap between technology and business strategy, offering expertise in areas like forensic accounting, cybersecurity, and financial analysis. Websites like AICPA - https://www.aicpa.org and Accenture - https://www.accenture.com provide valuable resources on how AI is transforming the accounting profession and how accountants can stay ahead by acquiring skills in emerging technologies.
Moreover, continuing education and professional development will be essential for future accountants. Institutions such as the American Accounting Association - https://aaahq.org and platforms like Coursera - https://www.coursera.org offer courses that provide exposure to AI tools, data analytics, and other emerging technologies relevant to the accounting profession. Pursuing certifications in AI or data science, in addition to traditional CPA qualifications, can also help distinguish you in the job market.
In conclusion, Bennington, while AI will undoubtedly transform the role of accountants and CPAs, it will not eliminate the profession. Instead, it will redefine it, emphasizing the need for professionals who can adapt to technological advancements and leverage these tools to provide higher-level insights and advisory services. By staying informed, upskilling, and embracing AI as an opportunity rather than a threat, you can future-proof your career in business and accounting.
Thank you so much!
Michelle
Vika White
Indonesian Translator/Interpreter/Writer
5
Answers
Olympia, Washington
Updated
Vika’s Answer
Hi Bennington,
You are not alone. My colleagues in the translation industry are deeply concerned with the rise of AI. However, a former boss of mine once recommended that I read a book, "Who Moved My Cheese." It changed my perspective, and I always carry life lessons in everything. The lessons I learned after reading the book were not to be stuck worrying and asking, 'Who moved y cheese?' but to look for a new source of cheese or something else.
AI has already shrunk the entry-level roles focused on manual data processing. However, the good news is that AI cannot (yet) replace:
*Critical thinking
*Ethical judgment
*Client relationships
*Strategic decision-making
*Custom advisory work
*Understanding business context
Modern accountants are increasingly expected to act as analysts, advisors, and storytellers—not just number-crunchers. The job is evolving. Think of future accountants as:
*Data interpreters, not just collectors
*Tech-savvy advisors using AI to work smarter
*Business strategists, helping companies navigate risk, growth, and compliance
Now, how can you future-proof your career in accounting?
1. Learn technology early—this is one of the few things that makes me stand out from other translators and interpreters.
Familiarize yourself with:
*Excel (advanced!)
*QuickBooks, Xero
*Power BI, Tableau (for data visualization)
*Python or SQL (for those into data analysis)
*AI-driven tools like MindBridge or BlackLine
2. Focus on strategic and advisory skills
Study financial planning, forensics, and risk management. Consider dual specialties, such as finance + IT or accounting + sustainability.
3. Consider Earning a CPA + Tech Credential. Examples:
CPA + Certified Management Accountant (CMA)
CPA + Certified Information Systems Auditor (CISA)
CPA + Data Analytics/AI specialization
4. Get internship experience with firms using modern tech
These companies will teach you how AI is used in the field—and give you a leg up.
I wish you good luck!
You are not alone. My colleagues in the translation industry are deeply concerned with the rise of AI. However, a former boss of mine once recommended that I read a book, "Who Moved My Cheese." It changed my perspective, and I always carry life lessons in everything. The lessons I learned after reading the book were not to be stuck worrying and asking, 'Who moved y cheese?' but to look for a new source of cheese or something else.
AI has already shrunk the entry-level roles focused on manual data processing. However, the good news is that AI cannot (yet) replace:
*Critical thinking
*Ethical judgment
*Client relationships
*Strategic decision-making
*Custom advisory work
*Understanding business context
Modern accountants are increasingly expected to act as analysts, advisors, and storytellers—not just number-crunchers. The job is evolving. Think of future accountants as:
*Data interpreters, not just collectors
*Tech-savvy advisors using AI to work smarter
*Business strategists, helping companies navigate risk, growth, and compliance
Now, how can you future-proof your career in accounting?
1. Learn technology early—this is one of the few things that makes me stand out from other translators and interpreters.
Familiarize yourself with:
*Excel (advanced!)
*QuickBooks, Xero
*Power BI, Tableau (for data visualization)
*Python or SQL (for those into data analysis)
*AI-driven tools like MindBridge or BlackLine
2. Focus on strategic and advisory skills
Study financial planning, forensics, and risk management. Consider dual specialties, such as finance + IT or accounting + sustainability.
3. Consider Earning a CPA + Tech Credential. Examples:
CPA + Certified Management Accountant (CMA)
CPA + Certified Information Systems Auditor (CISA)
CPA + Data Analytics/AI specialization
4. Get internship experience with firms using modern tech
These companies will teach you how AI is used in the field—and give you a leg up.
I wish you good luck!
Chris Blocher
Content Designer
12
Answers
Lima, NY
Updated
Chris’s Answer
Hi Bennington, let's focus on the exciting ways AI can open up new paths for accountants and CPAs. AI won't limit your career; instead, it will create more chances for you to be the "human in the loop." Since AI can make "plausible mistakes," your role in spotting and fixing these errors becomes crucial. This means that everyone will need to become skilled at understanding AI. Can you look at what AI produces and decide if it's right? That skill comes from learning and knowledge. Think of AI not as a barrier, but as a chance to grow and change. The idea of having one job for life is outdated. Being adaptable is what matters now. You can definitely succeed!