Will AI Turn Accountants & Bookkeepers into Factories?
Manage episode 499506350 series 3350601
In this week’s episode of Digi-Tools in Accrual World, we cover the latest accounting tech news, fintech news, and explore whether the profession is heading towards factory accounting in the age of AI. From HMRC policy shifts to new automation tools, we unpack the changes shaping compliance, advisory, and the future talent pipeline in accountancy.
Timestamps:
00:00 Coming Up…
01:31 Welcome to Digi-Tools in Accrual World!
App News
04:14 HMRC scraps MTD for Corporation Tax
05:39 HMRC sets sights on ‘digital-first’ tax system
10:33 Mayday releases automation for prepayments and deferred revenue
13:30 QuickBooks launches ‘Launchpad’ for product updates
15:34 New QBO accounting agent deepdive
18:50 Alexion.AI launches to empower accountants with automation tools
22:58 Acting Office launches ACCAbot to automate bookkeeping
28:02 36-month SaaS contracts spark debate over pricing traps
33:37 AI Accounting Factories: Myth or reality? | Advancetrack interview
43:45 Thanks for joining us!
We dive deep into the tools, policies, and strategies that could redefine your firm’s future. Is AI the key to efficiency, or will over-automation strip away the personal value accountants bring?
Listen now for insights on:
• HMRC’s shifting Making Tax Digital strategy
• Fintech product launches that could change your workflow
• The reality behind “factory accounting” and what it means for your career or practice
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100 episodes