Future-ready profession and talent

TEXT: -Accounting profession must embrace technology to remain relevant.

• Al, block chain, data analytics and other emerging technologies will change the way professional accountants work.

• Accountancy profession continues to provide long term career prospects and cross border opportunities.

• Employers are facing a potential talent crunch, adapting, and experimenting with new ways of working.

Recommendations:

• Accounting talent must be trained in new technologies and skills.

• Effective communication, critical thinking, problem-solving, and leadership skills are essential to navigate the VUCA business landscape.

• Accounting profession is constantly evolving, and accounting talent must commit to lifelong learning to remain future-ready.

• Upskilled accounting professionals help organizations navigate sustainability challenges, including measuring and reporting on ESG issues.

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