Accounting has long been viewed as a static,
numbers-crunching job. Accountants have historically
been relied upon to ensure numbers are accurate
so that an organization can understand its financial
position and meet its financial obligations. But that
role has changed, and it continues to change rapidly.
The combination of a fast-evolving regulatory
landscape, emerging business trends and relentless
technological innovation is changing the way financial
data is collected, managed and interpreted. The
COVID-19 pandemic spurred many of these changes,
resulting in new regulatory and tax concerns, forcing
dispersed accounting teams to find new ways to
collaborate, and pushing more organizations to
consider cloud-based technologies that could help
them conduct business as usual from home.