Another trend impacting the need for accountants in the future is blockchain technology, a computer-based recording system that uses cryptocurrency within a user-to-user network. While blockchain may have gained popularity due to bitcoin — a digital currency in which a record of transactions is maintained and new units of currency are generated independent of a…Continue Reading Blockchain Technology
Undoubtedly, the accountant of the future will need to be technologically savvy to evolve with the changing industry. As intelligent technologies progress and more companies move their information to cloud-based systems, accountants need to become proficient in leveraging the cloud to offer clients up-to-date financial analysis and to stay competitive. Accounting professionals who wish to…Continue Reading Required Skills for Future Accounting Professionals
The outlook for accounting professionals is often tied to the economic health of the country, with improvements in the economy generally resulting in the need for more accountants, auditors, and other professionals to manage financial records. Globalization and increased regulations will also impact the demand for accountants in the future….Continue Reading Demand for Accountants in the Future