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Is AI the end of accountancy as we know it?
We find ourselves in a period defined by swift technological change, with artificial intelligence (AI) continuing to find its way into all aspects of the working world.
The accountancy industry stands as a pertinent example of this shift.
The ‘Big Four’ are heavily investing in AI, with the recent news that KPMG is joining PWC, Deloitte and EY in investing billions.
However, a resounding fear dominates the industry that AI could be the end of the profession, robotising the industry completely.
Should professionals be worried? Can AI truly meet its sky-high expectations?