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With technology changing so fast, how is it affecting the role of accountants, and what math or technical skills should I start focusing on to stay prepared?

I’ll be starting college soon, so I want to understand how technology is changing the role of accountants and make sure i’m focusing on the right skills to be prepared and succeed, especially in math related areas.


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Lisa’s Answer

The world is changing quickly, and now is a great time to learn about AI. As AI develops, it still needs people to guide it, and companies are looking for experts who can use it effectively. While colleges are trying to keep up, AI is advancing so fast that staying updated is important. Take the step to learn on your own by reading articles and getting familiar with AI. These skills will be valuable to employers.
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Adam’s Answer

Hello!

The accounting field is going through a lot of changes right now, but we've dealt with change before. This is just another step forward. Even though it seems like a lot is happening, the industry still values the same skills, with a few new ones added.

For those studying to become accountants, it's important to learn as many technical skills as possible. Many successful people have coding skills and keep up with the latest AI tools, figuring out how these can improve their work. Being curious and exploring these new tools will give you an advantage when you start your career.

I hope this helps, and good luck as you start college!
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Steve’s Answer

Accounting is a complex area and can benefit from AI as a tool to help you get more done. I would say, be a critical thinker and learn accounting and at the same time learn how to use AI to be more scucceful in getting things done. good luck on this exciting field. Learn how to use AI to get more done and to solve more challenging issues for companies.
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Hovendra’s Answer

Technology is definitely changing accounting but it isn't replacing accountants. It is changing how work is getting done and what accountants are spending their time on. I would encourage you to learn the fundamentals and have a strong foundation in Accounting and you can take extra credits in some technology classes to have a grasp of it you don't need to be an expert.

As for Math, you don't need to a math whiz to be successful in Accounting. I can safely say as an Accountant Excel is my best friend. Accounting relies on logical thinking and attention to detail rather than just heavy problem solving. You won't need to solve for unknowns in Accounting but tracing back to where numbers aren't adding up.

Finally don't worry that AI will not eliminate the profession. In my experience as an Accountant technology is a tool we use but human judgement, ethics and professional skepticism are all aspects that AI wont be able to replace. Student that combine accounting and technical skills will have the advantage in the years ahead
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Daniela’s Answer

Hi Davrinique! I think you’re right to be concerned about the future and about all the changes happening in the world and in technology. First of all, you should know that your preparation is really important to achieve your goals. Consistency and learning make a big difference. But the most important thing is that you trust yourself and believe in your knowledge. With so many changes, as you said, what will truly set you apart from the rest is your own judgment, and that’s worth more than any technology. It’s something technology can’t replace.
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Jessie’s Answer

Technology is changing how accountants work by handling more of the repetitive tasks. This means accountants now focus more on analysis, judgment, and communication. Before starting college, it's important to get strong in the basics like accounting fundamentals, Excel, and problem-solving. After that, you can learn practical data skills like SQL or Power BI, and understand enough about AI to use these tools wisely.

You don't need advanced math to do well. It's more important to be comfortable with numbers, think logically, and understand the data. If I had to choose what to learn first, I'd go with accounting basics, then Excel, followed by SQL or Power BI, and maybe Python if needed later. A good next step would be to complete a small project in Excel or Power BI before college begins.
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Lisa’s Answer

I would concentrate on skills that AI can't copy, like human judgment, empathy, building relationships, and listening. You can practice these in almost any job, student club, or social setting.
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Paola Virginia ’s Answer

Hi Davrinique, AI is a key tool that's changing how we work every day. It's important to get familiar with it so you can use it to improve your work.
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Steven’s Answer

Davrinique,

Accounting is changing very quickly with AI becoming a larger part of the profession. I've attached a couple of links to articles that delineate in real cases what the effect of AI is on the profession.
Depending on what path you take out of college, math may not be a significant part of what you do. "Auditing is the formal, independent, and systematic examination of records, financial accounts, or processes to verify accuracy, compliance with regulations, and adherence to established standards (like GAAP). It provides assurance to stakeholders regarding financial integrity and can also cover operational, compliance, or tax-related areas." As you can see, this has very little to do with math. Pure accounting involves math in that you have to verify that an item, activity, bill, etc. is correct and is posted properly to the books and records but it really isn't math based per se. I went to a specialized math and science high school and, while it gave me a great math background, my "higher" math knowledge had no bearing whatsoever on my work throughout my career.

whatever you do, make sure that you get a good, working knowledge of and are comfortable with AI since, as it evolves, it will have more and more of an effect on everything you do not only in the accounting field.

here are the links...To see how AI is expected to change the accounting profession, take a look at the March issue of the AICPA magazine and the Wall Street articles in the apr 7 and April 10 issues. They lay out very clearly the effect AI is currently expected to affect the profession and how the big 4 accounting firms are making related changes to the manner in which they operate.

Good luck.

https://www.journalofaccountancy.com/issues/2026/feb/how-ai-is-transforming-the-audit-and-what-it-means-for-cpas/
https://www.wsj.com/cfo-journal/in-this-critical-part-of-audits-the-accountants-role-is-shrinking-fast-69c7f2bc
https://www.wsj.com/lifestyle/careers/accountants-audit-inventory-tax-day-59b1b71f

If you hit a paywall, please let me know and I'll copy and post the whole doc...
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Curtis’s Answer

Hello! That's a great question! With GenAI, technology is changing really fast. From what I've seen, new tech doesn't replace our work; it makes it better and faster. If you're starting in accounting, it's important to be curious and open to new technology. Playing around with AI tools, like chatbots, even if it's not directly related to accounting, can really help you succeed. Getting comfortable with how these technologies work is a smart move early on. For accounting specifically, learning Excel is super helpful. It's a tool that's here to stay, and you'll definitely use it in your career. Knowing how Excel works and understanding basic practices will make you stand out! The best way to learn technology is by using it in real life, so as you study and work, dive in and explore!
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Armando’s Answer

Hi Davrinique,

AI is really transforming accounting in exciting ways. These new AI tools have made me more efficient by helping me quickly find solutions to any problems I face. It's great to get to know AI while you're in school, as it can really boost your efficiency and make your work easier.
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Jordan’s Answer

Great question! While AI is becoming common in the accounting industry, don't underestimate the power of interpersonal skills. Learning how to use and build AI will give you a competitive edge. At the same time, being comfortable talking to others and understanding your personal brand is important. In my experience, technical knowledge alone doesn't lead to success. The most successful people often owe their success to the value of their relationships. As the saying goes, it's not just about what you know, but who you know—and even better, who knows you!
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Allison’s Answer

I’m in my third year as a tax accountant at a Big 4 firm, and one thing that’s been really interesting to watch is how quickly technology has changed. Especially with the rise of AI! I started my career right as AI was really taking off, so I’ve seen firsthand how useful it can be.

I think AI is a great tool for accountants, but definitely not a replacement. In my own work, I use it to help polish emails, organize and summarize data, and give me a starting point for tax research or point me toward helpful resources. But I don’t use it to make decisions or do the work for me. That still has to come from your own judgment and expertise.

I’d still strongly encourage you to keep building your Excel skills, but also explore tools like Copilot in Excel. It’s a good example of how humans and AI can work together in a productive way.
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Kazzaz’s Answer

Hi Davrinique,
In my experience, higher math was what re-wired my brain to think differently, and see solutions and patterns that otherwise would be missed. Even if what you do on a day-to-day basis isn't mathematically driven, studying higher mathematics for a few years does change how you think and process information. If, however, it is not your forte and you find it challenging, it's not a deal-breaker. But taking as many math classes as you can (even as free electives!) helps recalibrate one's perspectives on the world and I found it to be a powerful tool throughout my life. Good luck with your courses, and enjoy the learning process! You will take it with you in your life journey after college.
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Daniel’s Answer

Hi Davrinique,

At my firm, we do all we can to improve our current workday - so that frequently means using technology shortcuts or AI.

But the only actual change that affects my job is the "Trainings" that my firm has us do.
They want to teach all people (even interns / new college grads) to think like managers! The need for staff accountants is lower due to the use of tech shortcuts ... so that just means they can train you to become a manager of a team / account :)

I highly recommend a career in Accounting / Economics / Finance because it is soo broad.... that meaning - if you dont like your first accounting job, No problem! Go try another type of Accounting or even Econ or Finance!

Good Luck !
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Jay’s Answer

Great question -- and smart to be thinking about this now!

The honest answer: Technology is changing accounting, but it hasn't replaced accountants -- it's changed what they spend their time on. Repetitive tasks like data entry and basic bookkeeping are increasingly automated. What's growing in demand is accountants who can interpret data, spot problems, and advise on decisions. Think less "entering numbers into spreadsheets" and more "explaining what the numbers mean."

Don't stress about specializing yet. Focus on being strong at math, curious about how businesses work, and comfortable with technology in general. Those habits will transfer no matter how the tools change.

The accountants who thrive are the ones who understand the technology -- not just use it.
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Erik’s Answer

It's great that you're thinking ahead before starting college. Here's the good news: accounting isn't just about math, especially now with AI. You won't be doing tough equations; instead, you'll be interpreting numbers, telling stories with data, and advising people. Calculators do the math, but they can't replace your judgment, communication, and trust.

Technology is changing the field quickly, so here's what's important:

Being familiar with AI is essential. Tools like Microsoft Copilot and AI-assisted software are common now. You don't need to create these tools, but you should know how to use them, question their results, and add your own insights.

Excel is still crucial. Advanced skills in Excel can set you apart from others.

Focus on understanding data, not just calculating it. Companies want accountants who can explain what the numbers mean, not just what they are.

Most importantly, work on your people skills. Successful accountants build strong client relationships, explain complex topics simply, and earn trust. No AI can replace that.

Remember, technology handles the "what," but you handle the "why."
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Fernando’s Answer

Accounting has evolved since the 14th century, adapting to systems like feudalism and capitalism. Although change is constant, its fundamentals remain intact. To master the basics, you only need to understand double-entry bookkeeping and practice with real-world examples, such as a family member's business. Furthermore, the mathematical requirements are limited to basic arithmetic, making it easy to learn initially. Today, accountants have integrated technology to optimize their work, while maintaining ongoing training to meet market demands.
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