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July 19, 2022

How Technology is Transforming the CPA Profession

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Continuing professional development (CPD) for chartered professional accountants has benefited from recent changes in technology. Gone are the days when the only way to gain CPD hours was to take time off one’s busy working schedule and travel to in-person conference events. Instead, many CPAs are now taking advantage of the ability to gain new skills and competencies by enrolling in online video courses that they can view on their own schedule.

Technologies are not only transforming how we do accounting but also how accountants learn. Recent circumstances have made some technologies even more important in a post-COVID-19 world. Telecommuting, for example, has been crucial for CPAs, especially since the start of the pandemic. Who would have imagined just months ago that so many of us would be doing our jobs entirely online while juggling family life and other commitments? This work would be even more challenging without video conferencing and cloud document services that can easily be taken for granted.

Experts routinely stress the value of building digital and technological skills for CPAs. Yet if we’re increasingly taking advantage of the flexibility of online tools in our professional lives, why should continuing professional development be any different? This article outlines five key ways technology is changing professional development for CPAs.

1 - On-demand Features

One of the most attractive features of online CPD courses is that CPAs can take them on-demand and at their own pace. Rather than waiting for an in-person event to be scheduled in your area, online courses are always there and constantly undergoing improvements.

2- Flexibilities

One of the most attractive features of online CPD courses is that CPAs can take them on-demand and at their own pace. Rather than waiting for an in-person event to be scheduled in your area, online courses are always there and constantly undergoing improvements.

 3 - Networking

Technology has also facilitated an unprecedented level of networking through online forums. While building and developing new skills through CPD, many CPAs are also taking advantage of the networking potential of online CPD platforms like CPD Ace.

4 - Money saver

Another benefit technology is bringing to CPD is the travel savings that online video learning offers. Rather than take days off from your professional schedule and pay for travel and lodging, video platforms offer an affordable alternative. Take advantage of the current stay-at-home measures not only by saving gas money but by building valuable CPA skills for your professional enhancement.

5 - Interaction

An important feature of online CPD courses is interaction. For instance, CPD Ace encourages students to leave reviews and submit feedback when choosing from more than 100 professional development courses. Other interactive tech goes further such as one CPA firm that recently experimented with transforming as a delivery method for CPD course material. Yet one doesn’t need to adopt such futuristic technologies to take advantage of the many benefits of online CPD learning today.

Discover Your Future in Accounting

Accounting is undeniably changing, largely because of intelligent technology, including machine learning, AI, and blockchain. With any evolution, those who aren’t willing to adapt risk being left behind.”

Future accounting jobs will require dedicated professionals who are ready to evolve alongside the industry. Don’t let yourself be left behind — learn more about how you can gain the skills that can bring your career to the next level by enrolling with Get Trained Get Hired. If you need any assistance in preparing your resume or you need more specific interview guidelines that best suit your personal requirements to have a breakthrough in the Canadian job market reach out to Gettrainedgethired.com to book a free 30-Minute career counseling meeting. At Gettrainedgethired.com we provide you with the necessary training to learn practical skills to become an accountant. Our training is based on practical real-life cases.  After the training, we work on your resume and try to place you in accounting firms through our network. You will also get access to like-minded individuals who are looking for jobs through our WhatsApp group. Please feel free to contact us at [email protected]. Or call us at 647-870-6986

Disclaimer: The information provided on this page is intended to provide general information. The information does not consider your situation and is not intended to be used without consultation from professionals. Salman Rundhawa and Gettrainedgethired.com will not be held liable for any problems that arise from the usage of the information provided on this page.

Author

Salman Rundhawa

Salman has a strong desire to help others succeed and believe in passing on the knowledge. He likes to mentor others and wish to play part in other people success.

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