Will Accounting jobs disappear because of future automated computer softwares?

Discussion in 'Business and MBA degrees' started by johnnxiv, Aug 23, 2014.

  1. johnnxiv

    johnnxiv New Member

  2. Maniac Craniac

    Maniac Craniac Moderator Staff Member

    I'm not sure how. We already have a situation in which much of the accounting process is automated and yet there is STILL a need for accountants. There is even a fairly big need for bookkeepers, whose jobs these days are often little more than being the office's designated QuickBooks clerk. Sure, the software might help keep the process organized, but you still need someone to be able to actually competently use the software and understand its output.

    That's not even getting into the nitty-gritty of what an accountant actually does. A computer can't make judgement calls, confer with management, sign legal documents, consult, act as a representative, etc.
    Last edited by a moderator: Aug 24, 2014
  3. ProfTim

    ProfTim Member

    ERP solutions have changed the way we do accounting in large corporations but certainly have not eliminated all of the accounting jobs. Even in small companies someone has to keep track of the information. It's true you can set up automatic bank feeds with software like QuickBooks but someone still has to classify the transactions into the proper account.
  4. phdorbust

    phdorbust New Member

    No way. Until software can navigate sophisticated laws and regulations, rife with fact-specific scenarios, impossible. Accounting is much more diverse than most think, but tax and auditing will probably only become more vital. For example, we decide to convert to high-tech voting machines with no paper trail (ha)... How do we know the results are valid? Auditors. Judgment and analysis are really hard to duplicate.

    In the paraphrased words of HAL... 'I trust human intuition very much Dave.'
  5. Lillian047

    Lillian047 New Member

    No dear, artificial intelligence can never beat knowledge and I learnt this thing from my professor Dr. Aloke Ghosh. He was my professor of Accountancy at Zicklin School of Business.

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