Accountants will be obsolete

Discussion in 'Career and Jobs' started by Tbor88, Oct 30, 2016.

  1. Tbor88

    Tbor88

    Joined:
    Oct 30, 2016
    Messages:
    1
    Likes Received:
    0
    Hello all!I have already asked this question before but I have not received a straightforward answer yet that would convince me if I have made the right decision.At the age of 28 I have decided to enroll in University and study Finance and Accounting.However, many people, including some lecturers have discouraged me saying that there is no future in this field and that I should not waste my money on this course.What are your thoughts?Will softwares really outsmart humans?Are accountants and financial experts likely to be replaced by robots and softwares in the not so distant-future?
     
    Tbor88, Oct 30, 2016
    #1
    1. Advertisements

  2. Tbor88

    kirby VIP Member

    Joined:
    May 12, 2011
    Messages:
    1,123
    Likes Received:
    138
    Back when computers first came out the death of the accounting field was forecasted. Again when PC's came out, same thing. What happens is that with more and more computerization there is tons more data that needs analysis. So yes the pure bookkeeping jobs are affected but there is more need for the professional accountant level jobs. Forget listening to the lecturers (who are in their ivory tower) and do your own research on the internet on this topic.
     
    kirby, Dec 5, 2016
    #2
    1. Advertisements

  3. Tbor88

    Kkies

    Joined:
    Dec 5, 2016
    Messages:
    2
    Likes Received:
    1
    As a small business owner of a retail and service business, I am not an accountant, let alone a CPA. While we can handle our own bookkeeping (basically data entry) and run reports, the intricacies of interpretation with ever changing tax implications, etc. tells me that I better have access to a good accountant as long as I am in business..
     
    Last edited by a moderator: Dec 6, 2016
    Kkies, Dec 5, 2016
    #3
    Stephen Gsell likes this.
  4. Tbor88

    MHLANGA PG

    Joined:
    Dec 8, 2016
    Messages:
    1
    Likes Received:
    0
    To my own understanding as far as computers and information Technology is concerned ,Human beings can never be eliminated from the Accounting Profession since there is no profession where computers can work totally alone without human interference, eg technical faults need service,Computers follow programmed instructions they do not think themselves,
     
    Last edited by a moderator: Dec 9, 2016
    MHLANGA PG, Dec 8, 2016
    #4
    1. Advertisements

Want to reply to this thread or ask your own question?

It takes just 2 minutes to sign up (and it's free!). Just click the sign up button to choose a username and then you can ask your own questions on the forum.
Similar Threads
  1. Alvin.G

    How to delete obsolete inventory?

    Alvin.G, Aug 10, 2004, in forum: Quickbooks
    Replies:
    6
    Views:
    1,338
    Dennis Munro
    Aug 12, 2004
  2. Alvin.G

    How to delete obsolete service items?

    Alvin.G, Aug 15, 2004, in forum: Quickbooks
    Replies:
    4
    Views:
    640
    hbrewton
    Aug 17, 2004
  3. Harry
    Replies:
    4
    Views:
    681
    Harry
    Dec 20, 2004
  4. elie386@gmail.com

    Accountants online,Online accountants,Accountancy services

    elie386@gmail.com, Jul 23, 2007, in forum: UK Accountancy
    Replies:
    0
    Views:
    915
    elie386@gmail.com
    Jul 23, 2007
  5. elie
    Replies:
    0
    Views:
    898
  6. elie
    Replies:
    0
    Views:
    834
  7. Jim

    overdue obsolete bill

    Jim, Nov 10, 2003, in forum: Microsoft Money
    Replies:
    0
    Views:
    429
  8. elie
    Replies:
    0
    Views:
    868
Loading...