top of page
Search
  • Writer's pictureThe Lincoln Accounting Team

Not your average Joe firm

Hey there fellow accountants,


You've been lied to.


They told you accounting was all about numbers and balance sheets.


But guess what?


It's a whole new ball game now.


Remember Back to the Future?


Yeah, we might not have flying cars or self-lacing sneakers.


But the accounting world? It's on the brink of a revolution.


Listen up. By the time we hit 2025, it's going to be all about AI, borderless work, and blockchain.


Not your cup of tea? Too bad.


The accounting industry is not waiting for anyone.


Let me put it in perspective.


In 2019, the global AI accounting market was worth $0.66 billion.


By 2024? A whopping $4.791 billion.


That's a 726% increase!


The power of AI is undeniable.


It means no more number crunching, no more manual data entry, no more errors.


Instead, we get instant, accurate data.


And you, my friend, will have to evolve.


No longer just a number-cruncher, you'll be an advisor, a strategist, a value provider.


And guess what else is evolving?


The way we work.


Thanks to cloud technology, the 9-5 office grind is becoming obsolete.


A recent poll found 81% of accounting firms expect a significant increase in remote work post-pandemic.


Sure, there are challenges. Golf anyone?


But with 5G predicted to reach 40% global coverage by 2024, they're not insurmountable.


And then, there's blockchain.


It's a game-changer, no doubt.


Just imagine: no double entries, no balancing, no confirmations.


Everything is traceable, accurate, and secure. At least we hope!


In a nutshell?


The future of accounting is not what you think.


It's fast. It's efficient. It's revolutionary.


But don't worry.


You can still catch up.


Ready to jump on the bandwagon?


R&S


P.S. Want to know more about how these trends can skyrocket your accounting career? Reach out. We're doing it here and can advise.

3 views0 comments

Recent Posts

See All

How AI is obliterating old-School accounting

Hey y'all, Think your finance team works hard? Think again. AI is the new beast on the block – faster, stronger, and relentless. Forget the old days of slogging through spreadsheets. AI in finance is

Fractional CFO: who, what, and why

Hey again, We're feeling the wirting mojo today... Ever heard of a Fractional CFO? No? Let me tell you, it’s the secret weapon your business needs. Imagine having a seasoned CFO at your disposal, with

bottom of page