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Accountant

CPACertified Public Accountant

Yes, AI automates the ledger entry, but the accountant remains the arbiter of ethical judgment and strategic foresight.

Key Takeaways

  • 1Routine documentation and reconciliation are reaching total automation via OCR and ML-powered bank feeds.
  • 2Shift from back-office processor to strategic advisor using AI for real-time cash flow and trend alerts.
  • 3Accountability remains human; AI cannot be legally liable for material misstatements in financial reports.
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Now

0-2 years
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What's changing

  • 1Automated bank reconciliation
  • 2Invoice processing via OCR
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Implications

  • 8.5% less time on routine tasks
  • Closing books 7.5 days faster

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