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How Accountants & CPAs Can Win the War on Automation

Rob Brown and Will Farnell discuss automation in accounting and how accountants and CPAs should automate effectively in their practices.

It’s the “Insights in Accounting” show, every Tuesday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.

In today’s episode 23, “How Accountants & CPAs Can Win the War on Automation” with special guest Will Farnell, founder of innovative UK accountancy firm Farnell Clark and author of The Digital Firm.

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Key takeaways from this episode include:

✧ the key aspects of automation technology in accounting and how it could affect the job market

✧ whether automation is more of a problem for smaller or bigger accountancy firms

✧ where the majority of innovation takes place in the accounting sector

✧ the strategic advantages accounting firms can create with automation to better serve their clients

✧ the shifts required in the skillsets and services of accountancy firms to remain competitive

✧ the importance of soft or enterprise skills that accountants must develop to compliment automation – machines need humans and vice versa

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5 great shows in the Accounting Influencers Podcast Network:

Success in Accounting – MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.

Insights in Accounting – TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.

Influencers in Accounting – WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.

Best Practice in Accounting – THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here’s what works stuff for accountants, bookkeepers and the fintech/software people who serve them.

UK Matters in Accounting – FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.

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Imogen Allen