The Robo-CPA: Jim Sikich Prepares for Disruptive Technologies

Sikich: Today only 20 percent of revenue comes from audit, and 15 percent from tax. The rest comes from management advisory services, led by technology, which accounted for about 50 percent of its total revenue.

sikich_logoIf IBM’s Watson is smart enough to play chess or Jeopardy, can robotic tax prep and audits be far behind?

By CPA Trendlines Staff

The technology revolution is on pace to change the accounting profession much more than it already has, with the potential to replace accountants in work that ranges from tax preparation to high-level business consulting, warns James A. Sikich, chief executive and managing partner of the Sikich accounting and consulting firm in Naperville, Ill.