Accounting

[Anonymous No.16277620]

Is it a mistake to go into accounting nowadays? Allegedly it's one of the first fields that will be hit very hard by automation. Should I even bother?

[Anonymous No.16277757]

Please respond

[Anonymous No.16277775]

Yes

[Anonymous No.16277783]

>>16277775
Fuck
What should I do instead that's more AI proof then

[Anonymous No.16277797]

>>16277783
Farming

[Anonymous No.16277811]

>>16277797

Farming will be completely automated too.

[Anonymous No.16277818]

>>16277620
Depends where you live. You see software where like turbotax etc ...improving year after year what do you think will happen ? Look into IT auditing probably

[Anonymous No.16277837]

Based '70s scifi art, incredible eh?

Accounting is already largely automated, that's why women do well in it - it's mostly about social abilities. You don't even need a head for numbers in any sense.

It's a good thing to get trained up in after uni, though - if you can get on a grad scheme they pay well and you get valuable training for free. Then you can leave to do something more interesting - I know a number of trained/chartered accountants who went on to much cooler things in their mid/late 20's. It's well respected.

[Anonymous No.16277872]

>>16277620
thanks for introducing me to Les Edwards, I love his art

but yeah I don't know much about accounting but avoid it for long-term career

[Anonymous No.16277874]

>>16277837
I assumed the generic number crunching accounting jobs still existed. I just want a job that enables my autism and isn't going to be threatened by software alternatives, but I don't like coding (not as a job at least).

[Anonymous No.16277895]

>>16277620
Accounting basics can be very useful to know, but unless you plan on pursuing a CPA don't bother going balls deep into it

[Anonymous No.16277898]

>>16277874
>I assumed the generic number crunching accounting jobs still existed
That's not accounting, that's bookkeeping, which is only one aspect of what an accountant does and is typically the most banal and tedious portion of it.

>I just want a job that enables my autism and isn't going to be threatened by software alternatives
The analysis and consulting portion of accounting isn't going to automated anytime soon. Accounting (and Finance) has a very broad support network and established organizations to ensure relevancy. Plus the government isn't going to feel comfortable not being able to trace back the money to a person.

The menial parts of accounting are already automated and will continue to be so, but that just means that accounting is transforming into a job of critical thinking and analysis, not number crunching and bookkeeping.

[ayyeee 4 lmao No.16277908]

>>16277811
>>16277797
FRAMING you diots. not farming....
Don't you think it'd be cool to actually be a man?

[Anonymous No.16277940]

>>16277898
>analysis and consulting
This is basically auditing, financial advising, that kind of stuff?
>ensure relevancy
Are there specific branches that are good to focus on in that regard? You mentioned analysis and consulting, but those are broad.

[Anonymous No.16278006]

>>16277620
I work in a accounting center of generic large corporation, so far a lot has been automated and lot more will be in coming years, but we are actually hiring people... none I know here sees automation as a threat, more like a way to cut on the dumb, repeatable tasks

If you on the other hand want to work with really small companies I would be more scared of "accounting in the cloud" products, because even without AI you are beaten by economies of scale, a call center full of accountants with some shitty mobile app just beats you on the price

[Anonymous No.16278008]

>>16277940
>This is basically auditing, financial advising, that kind of stuff?
It's all of it. The basic tasks for every sub-discipline of accounting will be automated away, but people (managers, executives, shareholders, clients, etc) need to know the why's of the decisions they or you are making, or whether or not to make a decision at all. Numbers give us results, but to interpret those results and make a final decision, for better or worse, requires the human element.

Tax and Audit are the most sought after right now for whatever reason, but I remember some time ago that audit is the first to be automated the most, proportionally speaking. Auditing is simply taking a sample of someone's books and making sure everything checks out. It's pretty easy to see how that can be automated. Tax, likewise for the form filing and such, but tax law changes frequently enough that clients will want to know what changed and if it's better or worse and such.

Cost/management accounting shouldn't be changing much. Government accounting, likewise. That just leaves forensic accounting and regular financial accounting, which I think are the safest, stronger even.

[Anonymous No.16278017]

>>16278008
>but I remember some time ago
*that somebody said

[Anonymous No.16278036]

>>16278008
Thanks for the detailed answer. I was actually interested in the idea of forensic accounting the most, so that's encouraging.

[Anonymous No.16278038]

>>16277898
wagie bro

program it or it will program you

[Anonymous No.16278043]

Also, OP, I would just like to remark that you shouldn't worry so much about any individual field being automated away. When we're actually at a point where an entire field is legitimately, entirely automated away, or automated down to bare bones scraps, then is the time to worry because then NO field is safe and it literally won't matter what you choose because we're past the event horizon and we all become the lug nut drillers of a 50 years ago.

[Anonymous No.16278054]

>>16278043
You're right, I guess I worry too much. I just want to avoid going into a field where I'd have trouble finding a stable job.

[Anonymous No.16278074]

>>16278036
>I was actually interested in the idea of forensic accounting the most
I am too, actually, but the thing about it is it's not exactly easy to break into straight off the bat. It's a little more of a "veteran" position, where you need to be exposed to other accounting fields and procedures before being considered and accepted into a forensic department, which makes sense if you think about it.

So do as I will do and suffer a few years of the menial grunt work and position yourself to move to what you want as soon as the opportunity presents itself. Alternatively just go straight for the IRS who deals with just that.

[Anonymous No.16278094]

>>16278074
Yeah, I think my country's equivalent of the IRS would fit what I'm looking for.
Are you currently studying accounting?

[Anonymous No.16278128]

>>16278094
Yes, and I'm telling you, the support and demand for accountants (and finance majors) is baffling compared to the other business college majors. Recruiters specifically for accounting/forensics with literally a >99% hiring rate for all graduates in the respective majors. Supposedly Sarbanes-Oxly was an adrenaline shot into the demand market for accountants. Getting a job is no problem. Automation is a legitimate concern for the future, but worry about once you're actually in and position yourself accordingly to be able to adapt. ADAPTATION is the secret to success in today's brave new economy. You can't just be good at one thing for life anymore, you have to be good at getting good at whatever is in demand. Just keep that in mind.

[Anonymous No.16278156]

>>16278128
I hear you. Thanks again for your advice man.

[Anonymous No.16278196]

>>16278156
No problem. We're all going to make it brah. Just keep your head up and make sure to network. Connections are everything in business.