How is the accounting industry changing? The change is rapid and driven largely by lightning-fast advances in technology. The 100-plus year-old licensing gold standard recently announced that its 2021 exam would push an emphasis on understanding business processes, automation, data analytics and “the need for a digital and data-driven mindset.” At the same time, it phased out other topics, such as the testing on the difference between IFRS and GAAP standards and specialized knowledge on estate taxes and trust. To get a sense of the how much change the accounting profession is undergoing, look no further than recent changes to the CPA exam. Middle East, Nordics and Other Regions (opens in new tab).United States/Canada (opens in new tab).Advertising & Digital Marketing Agencies.Advertising and Digital Marketing Agencies.
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