What were the industry challenges for accounting leaders in 2019?
I’m putting together a massive financial professional round-up post. If you have just a few minutes to answer this question, it will provide some great exposure for you and your brand. Here is my query: Accounting leaders reveal industry challenges for 2019.
I'm currently working as a senior business analyst in a software development company.
I personally believe that the biggest challenge of this era for any accountant is being able to stay up to date with emerging technologies. Each day a new piece of technology intervenes in our world, resulting in a more challenging phase for an accountant on how to integrate their approaches with that technology. Whoever is more adaptable to these advancements, is for sure living a much easier life. And quite frankly, being unable to keep up can be a cause of becoming stagnant in the market.
Another big issue that an accountant's face is Cyber Security. He/she is responsible for the safety of all accounting information (e.g., credit card information, bank account numbers, passwords) as it is an especially hot target for hackers because of higher-value.
Hope this helps!