by Nthabiseng Maidi, Principal Director, MMCP Wealth and MMCP Business Advisory Services
Gone are the days where an accountant will receive paper invoices, receipts, bank statements and delve into processing and producing a trail balance, then the financial reports. There is an old myth that accountants are necessary for compliance purposes and that is not true. With the advancement in technology and the move to digital, some of the work that was previously done by accountants will be obsolete. The WEF of 2019 issued the trends of threatened jobs, and accountants were on the list. Meaning that accountants must rethink their service offering. We are not paper pushers anymore and we do not focus on the past. Our role should be forward looking and providing a service that will grow our clients.
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