by Sandra Wiley and Amanda Wilkie, PMP
It's clear that in order to survive and grow, accounting firms must seek out new skills and areas of expertise. But what skills are required? And how can a firm effectively upskill its workforce? In this white paper, we will look at the skill gap in accounting firms, consider the skills needed for the new jobs emerging in the profession, and identify resources to help narrow the gap.
Gartner predicts that artificial intelligence (AI) will eliminate 1.8 million jobs by 2020 but also create 2.3 million jobs.1 The jobs at risk of automation are entry-level positions that have traditionally focused on executing complex but repeatable tasks: extracting, organizing and structuring data, tax preparation, reconciling transactions, posting journal entries, computing calculations and verifying data from spreadsheets.
With that work being automated and advisory and consulting work bubbling to the top within accounting firms, there is a growing need for people who possess qualities that can’t be replicated by machines, Nearly every individual in an accounting firm needs to upskill their team. But what skills are required? And how can a firm effectively upskill its workforce?
In this white paper, we will look at the skill gap in accounting firms, consider the skills needed for the new jobs emerging in our profession, and identify resources to help narrow the gap.
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