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Could AI take the grind out of accountancy?

AI could mean fewer accountancy jobs but is also taking over some of the more mundane tasks.

That leaves the humans to focus on more subjective - and more interesting - decisions, like whether a business is viable, or whether debts are likely to be paid. Image caption, A survey by KPMG found that 40% of senior auditors expect AI will result in smaller audit teams Auditing firms have been finding it hard to retain talent, with 90% of auditors telling Caseware last year that it is either somewhat or extremely difficult.

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