There are several changes that are impacting and will continue to impact the accounting In the next years.
A accounting is undergoing a major digital transformation and technology is rapidly changing the way it is done, with the automation of processes, use of artificial intelligence, use of data analysis and the adoption of technologies of blockchain, will require professionals from the accounting are updated and trained to deal with these new tools. These technologies can make financial transactions more secure and efficient, but they also require financial professionals to accounting
are up to date on its operation and application. With the automation of tasks, technology can also help to reduce the occurrence of errors in the accounting. In data analysis, professionals can identify potential errors more quickly and efficiently, allowing them to be corrected before they become bigger problems.
Technology allows companies to collect and analyze large volumes of data faster and more efficiently. This can help identify trends, patterns and insights valuable resources that can be used to make more informed strategic decisions. With the increasing amount of data available, the accounting
is becoming increasingly data-driven. The professionals of accounting they need to be able to analyze large data sets to identify trends and patterns, which can help companies make better, more informed decisions.
There are several studies that show the impact of accounting in the face of new technologies. One of them is the Sage Survey in partnership with YouGov, carried out in 2019, which interviewed more than 3.000 professionals from accounting
all around the world. The results showed that 66% of respondents believed that technology was changing the way accounting is carried out, and that 81% believed that automation would improve the efficiency of the accounting.
Accenture also conducted a survey of more than 1.100 finance executives worldwide. The results showed that 84% of the respondents believed that automation would improve the accuracy of the accounting and 80% believed it would reduce time spent on manual tasks. These surveys clearly show that new technologies are changing the way accounting
is carried out and that professionals in the area need to be prepared to adapt to these changes.
In addition to technology, more and more companies are operating in a global environment, so it is important that accounting standards are harmonized across the world. Regulatory changes are becoming faster and more frequent, requiring professionals in the accounting
are up-to-date and capable of interpreting and applying the new rules and accounting standards. Companies need to be aware of changes in accounting and tax standards, as well as other regulations that may affect their business.
Regulatory changes can lead to increased financial transparency, which can directly impact the accounting. For example, the Anti-Corruption Law requires companies to establish measures to prevent, detect and remedy fraud and acts of corruption. This requirement can lead to a greater need for monitoring and analyzing financial data to identify possible irregularities.
We also cannot ignore ESG issues. Environmental, social and governance issues are increasingly important for companies and investors, requiring professionals in the accounting
have skills to measure, disseminate and interpret information related to the topic.
These are just a few of the many changes that can affect the accounting In the next years. It is important that professionals accounting are aware of them and willing to adapt to new technologies and practices to ensure they can offer their customers the information and services they are looking for.