1. By 2015 every accountancy firm will give clients an app they can use to access their business/accounting data from a mobile device such as a tablet or smartphone.
2. Accountants will need to re-skill to retain emerging role as their the gatekeeper of corporate data.
3. The profession must develop new ways to measure and value technology costs and benefits for the world of cloud computing and social networking.
4. The accountancy profession will shrink as software vendors build progressively more finance expertise into self-learning products and services.
5. The cFo of the future will need to know as much about technology they do about financial management.
6. Unless accountants embrace technology they will follow the dinosaur into extinction individually and as a profession.
7. By 2020 audits may well be real-time. Regulators will conduct them automatically pulling data in from business systems and sensors embedded in everything from stock to livestock and even human beings.
8. If accountants do not position themselves as subject matter experts on emerging trends such as crowdfunding and new payment platforms then other professionals will
9. Accountants must exploit emerging technologies to attract talent and to develop and manage existing talent.
10. By 2025 all digital data will be available to everybody.