Accountancy going digital

SirPrize

Hi everyone,

Just wanted to get some more info on all this "tax/accountancy going digital" talk and what it means for accountants and finance professionals.

I am currently on level 3 AAT, and soon to start level 4. However, with all this talk, I am led to believe that this transition is a threat to current and future accountants and finance professionals.

How is this transition affecting you and/or your business and the accounting world in general?


Many thanks for your feedback.

MindTheGAAP

MacIntyre Hudson have produced quite a helpful fact sheet on Making Tax Digital, which can be found here.

burg

see my comment on this thread as it covers the above - https://forums.aat.org.uk/discussion/444460/automation-robots-and-worried-about-the-future#latest

SirPrize

Appreciate the comments. It's cleared up what I initially thought to be a big hit to accountants, but it turns out that going digital not only helps tax payers, but also accountants themselves when working with their clients.