Volume 1 |  Number 1  |   January – June 2024

Beyond the Numbers: How AI Empowers Accountants for Strategic Impact

 

Edman Flores, MBA, CPA
Lecturer, CamEd Business School

 

INTRODUCTION

Historically, the duties of accountants mainly involved maintaining financial records, reconciling accounts, and preparing financial reports. While these responsibilities remain critical, the role of accountants has evolved considerably. Nowadays, accountants are expected to provide strategic financial advice to businesses. They assist in establishing financial goals, crafting budgets, and developing growth strategies.

 

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