Accountants have always exploited emerging technologies to help them to complete their tasks more accurately, quickly or simply. Technology trends in cloud, big data, mobile and social collaboration are converging to change the ways in which we consume information technology resources, share knowledge and experiences. These trends are also influencing developments in cyber security, digital service delivery, robotics, augmented and virtual reality, and artificial intelligence. A ‘new normal’ is emerging for accountants in practice and in the finance function are part of that connected world. It is providing accountants with the opportunity to automate and de-skill time-consuming and repetitive work and focus on higher value work, so that they can consolidate their role as advisers.
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