Personal education is key.
By Seth Fineberg
Accounting Firm Operations and Technology Survey
For all of the talk of automation taking away basic accounting work and the bell tolling for any practitioner not moving toward more advisory work, the fact is compliance is not going away.
If anything, the evolution of technology has made compliance work easier – and I dare say more profitable – for particularly small accounting firms that rely on this work as an annuity, their “bread and butter” if you will. The point is, and particularly for the small firms that make up the majority of the accounting profession, compliance is not going away but it is evolving.
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