In our fast-paced and ever-changing world, it is so important for people to have a voice in terms of how technical developments are impacting both the accounting and finance industry. It is now 2019 and technology is really having a colossal impact on our professional lives. It is also having an impact on the careers that people are choosing to go into as well. It doesn't matter whether you are changing your job role as a result or whether you are being given the chance to learn new and exciting skills because technology really is a necessary part of accounting.
For some, this brings a degree of concern. This is especially the case if you work in the world of cyber security. There really are many possibilities when it comes to technology, and it doesn't matter whether you are removing the time and even the risk associated with manual tasks. It has a huge impact on every job role and this is especially the case if you are associated with chartered accountant jobs or even in ACCA jobs. If you do work in accountant jobs or CIMA jobs, then this is even more the case.
When it comes to tax, technology really is making leaps. This year is the start of the biggest tax change that the sector has ever seen. Businesses that have a taxable turnover of well over £85,000 or more will then have to comply with the HMRC regulations. They will need to work with those who work in accountancy and finance jobs to try and file their records on time and they will also need to try and make sure that they are complying with all of the new regulations as well so do keep that in mind.