What are the top skills needed by CPAs, Finance and Accounting Professionals in an age of artificial intelligence, Big Data and exponential change?
We have been researching these skills with the leading experts and best-selling authors in the world including the Institute for the Future, World Economic Forum, CPA Horizons 2025, The Second Machine Age, and the Fourth Industrial Revolution. Then we gathered empirical evidence from thousands of CPAs, finance and accounting professionals across the world in interactive surveys and our work with leading talent and learning professionals to synthesize these skills into the top eight competencies for the future. They are as follows:
3. Anticipating and serving evolving needs
3. Strategic and critical thinking / Synthesizing intelligence to insight
5. Integration and collaboration
6. Tech-savvy and data analytics
7. Functional and domain expertise
This research led us to the work of global futurist and best-selling author Daniel Burrus whose work with the top global companies in the world reinforced our research and clarified how this anticipation competency can be learned and applied in accounting and finance.
The results are that we believe the most important or fundamental competency is anticipation (anticipating and serving evolving needs). This competency positions the accounting and finance the professional to be future ready or aware, predictive and adaptive of emerging trends and issues. This led to the development of the Anticipatory Organization: Accounting and Finance Edition www.blionline.org/ao) with Daniel Burrus.
Through our work, at the Business Learning Institute (www.blionline.org) we have assembled the best thought leaders and instructors to develop courses that can elevate and accelerate the development of a 'future ready' curriculum for CPA firms, corporate finance and accounting teams, nonprofits and government organizations.