The CPA profession is facing a pace and type of change unlike any it has experienced—the rules of the race are literally being rewritten by technology. Artificial intelligence and robotic process automation will forever change accounting, audit, finance, tax, and more. The ways services are provided to companies and clients, and the ways companies and firms are staffed, are set to shift dramatically in the years ahead. Add in rapidly changing company and client expectations, and now—more than ever—CPAs need to be looking at the turns ahead and positioning themselves to race toward relevance. In this powerful 2020 Insight Special Feature, the Illinois CPA Society introduces you to what’s driving many of these trends and challenges and unveil its seven key predictions for what the future of the CPA profession may look like in 2027.
