Artificial Intelligence (AI) and the Accountancy Profession

Monday, May 6th, 2019

Artificial Intelligence (AI) and the Accountancy Profession

There is no doubt that AI is going to be one of the main influences for the future development of the accountancy profession

Technological advances in robotics and AI, faster broadband speeds and machine learning are some of the factors driving change not only in the accountancy profession but for business generally. Routine tasks such as data entry will in the very near future be carried out by machines while many service type jobs will be replaced by Chatbots and AI.

The profession should embrace this change as a positive development for the level of service which we can offer our clients. Less time spent on data entry and routine tasks will free up time for more ‘added value’ type service offerings for clients such as strategic planning and business development.

Advances in AI are an opportunity and not a threat – the real question is how new technologies can be exploited for the benefit of our clients and the continued growth of their businesses.

FREE CONSULTATION

Get in touch today

PRODUCTION CONSULTANCY

From Development to Delivery

We have a great appreciation that each client’s requirements are unique and that every project is different.

ACCOUNTANCY & TAXATION

Your Trusted Partner

Whether your project is in development, an early stage start-up or an established business, we can help.

Jerry is someone who is passionate about his work for all the right reasons. Not only is he extremely knowledgeable about all things finance and accounting, he has a genuine interest in helping people. I have had a great experience working with Jerry and I look forward to working with him on an ongoing basis. I couldn’t recommend Jerry enough.

Stephen Fagan

MD Studio Meala

I have had professional contact with Jerry Twomey for well over a decade, on a near-monthly basis. I have found Jerry to be prompt, thoroughly professional and both knowledgeable and very helpful with any queries. I recommend him without hesitation.

Síle Nic Chonaonaigh

Presenter

Having worked with Jerry in the past, he was the obvious choice for me when establishing my own media company. Jerry simplified the process of incorporation and gave me valuable advice on running my company and applying for funding. He is uniquely qualified to advise on setting up a business, tax, funding and Section 481 applications. I look forward to a continued and fruitful collaboration with Jerry.

James Finlan

Director, Vigo Media Teoranta

HOW WE CAN HELP

Do you have a business idea and require some advice from an experienced professional before you take the next step? Are you considering setting up a company but are unsure of the issues to be considered and the legal requirements? Are you an established business but need assistance to scale your company and bring it to the next level?

REQUEST A CALL BACK