An assessment of the effects of digitalization on the Accounting Profession
- Author
- Mashoko Charlene S.
- Title
- An assessment of the effects of digitalization on the Accounting Profession
- Abstract
- Digitalization and digital technologies is the currently discussed among various profession as some professions are at the verge of losing their relevance as some of the tasks that are used to be carried out by humans are now being carried out by machines and computer programs. The aim of this study was to assess the effects of digitalization on the accounting profession. The research was carried out as an exploratory research as the researcher tried to explore the future effects to be experienced that are not part of the current effects being encountered. The researcher used questionnaires as research instruments for data collection and the data collected was analyzed and presented. In the study it was found that there is a high chance that some of accounting tasks are going to be automated and carried out by machines and computer programs. However, despite the fact of automation of some of accounting tasks, the profession still will remain relevant because some of the tasks in accounting requires human input especially in the decision making process. It was also concluded that the education system for accounting professionals needs to be reformed in order for the accounting professionals to be able to embrace the demands of the new digital solutions and remain relevant as a profession.
- Date
- 2023
- Publisher
- BUSE
- Keywords
- Digitalization in accounting profession
- Digital Technologies
- Supervisor
- Mr Masinire
- Item sets
- Department of Accountancy
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