Disruptive Technology and Innovation
Technology presents a great opportunity for the CPA profession. By using technology as a tool, CPAs have opportunities to focus beyond basic tasks, such as data entry and reconciliations and move to focusing on higher level skills of analyzing and interpreting data, and serving in more of an advisory role. There will be challenges, however, because CPAs will not all have the right skills to be data analysts and interpreters. Training programs will need to be developed to overcome the potential skills gap.