What is the future of accounting in this country?

[Kefir King]

Originally Posted by moodan

only if you get on your knees and beg

I am saying that behind an MBA in Finance and Economics

[moodan]

that's a broader degree but I was planning on pursuing a masters in accounting and then going on to get a CPA.

[Kefir King]

Become a plumber.

[moodan]

Originally Posted by Kefir King

Become a plumber.

only if you work the corner, seems right down your alley.

[DDylan]

I was worried about it too. However, some recent changes in IFRS kind of lean towards subjective judgement rather than a clear cut line. (like "substantially completed" vs "80% of revenue is received", just an example). But in generally, yeah, I think some of the work may be replaced by automation or outsourced.

Regarding tax side, I guess some of the basic work will be replaced by automation too. but for some complex issues, still need experienced people to find "loopholes" to smartly save taxes for clients.

[SeventhFloor]

Originally Posted by moodan

I'll freely admit it, I'm a bit fresh in terms of the economy and I really don't know too much about the business world either but I did learn a bit more about accounting in an earlier thread I started where I sort of touched on one dilemma - the threat of automated systems in accounting. Do you think this is a significant threat to accountants right now, and if not now in say 10, 20, etc., years? This is a field I'm really looking forward to entering so any input is appreciated. Thanks. And one more question, would I be more sought after if I went to UNC's MAC program over say, baruch's MAC program? I plan on working in NYC. Thanks.

www.turbotax.com

Average people still pay CPAs?

[Kefir King]

Accounting is a dead field in a world of instantaneus computing.

[Ruready4Bklyn]

^^Not really


Accountants and Auditors : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics

[Kefir King]

^^^
I am talking about the future, not the past or present.