The Changing World of the Accounting Profession…
Will Accountants Adapt, Or Get Left Behind?
Social media, shifting technologies and business expectations and dramatic emerging trends are changing every profession — even accounting.
Social Media
Jody Padar, the CEO of New Vision CPA Group, wrote an excellent blog post addressing why accountants (yes, accountants!) should be taking advantage of social networking and become a social business.
“First of all, stop calling it social media! Using “social” to generate new customers is a new way of doing business in today’s digital world. Most firm owners don’t understand that when you combine social media with cloud, the effects become multiplied.” —Jody Padar
It seems obvious in 2017, but many accountants and other professional service providers are absent or have a limited presence on the social networks.
I came across the following infographic from Thomson Reuters that provided more perspective on how social is changing the accounting profession.
Infographic
Shifting Technologies
The following infographic “Future of Accounting Software” highlights key trends that are expected to fundamentally alter the accounting profession — cloud, mobile, artificial intelligence, blockchain and optical character recognition.
In 2017, cloud and mobile have already altered how proactive members of the accounting profession do their jobs and service clients. The expectation is that artificial intelligence and blockchain will completely upend it. Get ready.
Infographic
Business is changing and disruption of the “business as usual” is going to be constant.
All businesses and professions will be impacted — what are you doing to respond in your world?
About Don
“It’s time for different”
Don is passionate about helping professionals and organizations keep up and adapt to the changing business world that we operate in.
“What Do You Do?”
I frequently get this question. My response (it’s not what you think!)? Check it out here!
