ARTHUR GOLDSTUCK: Tech revolution will free accountants from their staid life
Few professions have a more staid image than accounting. Stereotypes range from "boring" to "bean counter", with little alignment to personal or business goals. It may come as a surprise, then, that accountants are probably more prepared for the technology revolution than most professions - and precisely because they are aligned with their clients' needs. A survey conducted by World Wide Worx for Xero, the UK-headquartered small-business accounting software company started in New Zealand, reveals that the vast majority of South African accountants are gearing up for the future. Of 200 accounting firms surveyed for the South Africa State of Accounts study, 88% agreed that in-depth knowledge of technology and automation would be crucial to their success in the next three years. That was a remarkably similar figure to the 87% of small and medium enterprises that preferred to work with accountants who understood technology. The relationship may not remain so cosy. Of 400 South African S...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.