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How will AI affect accounting jobs?

ThomsonReuters

Jump to: How is AI affecting accounting? Is AI replacing accounting jobs? What is AI automating in accounting? Can AI do accounting? How to use AI to innovate Artificial intelligence (AI) is making its presence felt across many industries—and the accounting profession is no exception.

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This Accounting Job Will Become Scarcer in the Next Five Years, WEF Predicts

CPA Practice

Those jobs are: Bank tellers and related clerks Postal service clerks Cashiers and ticket clerks Data entry clerks Administrative and executive secretaries Material-recording and stock-keeping clerks Accounting, bookkeeping and payroll clerks Legislators and officials Statistical, finance and insurance clerk Door-to-door sales workers, news (..)

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Do you want to hire or replace an existing bookkeeper? 

Basis 365

Do you want to hire or replace an existing bookkeeper ? You can also save money by hiring an outsourced bookkeeper. In addition, you employ an outsourced bookkeeper to follow the same process and understand your business needs. Let's now look at the best way to hire an outsourced bookkeeper.

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Friday Footnotes: No Foolin’ Here; 18,000 New Accounting Jobs; Skills Auditors Need NOW to Be Future-Ready | 4.1.22

Going Concern

431K jobs added in March, with 18.2K in accounting [ Accounting Today ] Some of the main job gains occurred in leisure and hospitality, and professional and business services, along with retail trade and manufacturing. Ah, memories. Average wages rose 13 cents to $31.73 Photo by Cristyan Bohn.

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The Search for Talent in Firms

CPA Practice

accountants say a dwindling pipeline of graduates joining the profession is the biggest challenge to attracting talent, according to the QuickBooks research. However, a smaller pool of job candidates who are fully prepared for accounting or bookkeeping roles doesn’t have to sound the death knell for your firm.

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Four ways to get your banking data into Xero

Xero

One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. You might also prefer manual uploads if you’re an accountant or bookkeeper performing year-end write up work for a client. It’s a good option if you don’t reconcile bank transactions very often.

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How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025.