Despite the mounting fears that AI will replace accountancy roles, new data from AAT shows two-thirds of people see AI tools as enhancing the accountancy profession.
The AAT survey found four in five accountants agree that automation will make their jobs easier, freeing them up from admin (78%) and enabling them to provide more strategic advice to clients (80%).
Some 64% of respondents also believe AI tools will enhance efficiency and accuracy.
Interestingly, AAT also discovered that one in five accountants who have left the profession say they would return if automation could remove the more administrative aspects of the job.
Claire Bennison, AAT Executive Director of Customer, Partnerships and Innovation (pictured) said: “There’s a persistent narrative that AI is here to replace accountants, but it actually has the potential to empower them. With the right skills and support, AI can be an enabler of success, building a more dynamic, inclusive, and tech-enabled finance profession that is truly future-ready.”
