Blossoming And Maturing Of An Accountant

The last few years have heralded the transformation of the Accountant from a mere bean-counter to a solution provider. Numbers are for real and, to the user, they are either scent of opportunities or alarm bells for a lurking crisis. Under such a situation, the world has realized that the humble bookkeeper or accountant has grossly been underestimated and underutilized. By condemning him/her to a non-descript corner of the office and usually dwarfed by the heaps of paper and ledgers around them, the business has ignored and failed to tap into the huge volumes of data and insights that the numbers spit out from the books of account that the bookkeeper and accountant methodically puts in place.

The discipline that the virtuosity of good accounting demands drives the stature of and positioning of these dedicated soldiers. The tools that make the accounting process driven rather than people dependent, provides the humble accountant with the much needed time and expanse to provide the objectivity, analysis and decisions that the organizations demand of each and every relevant employee. Hence, it is critical to the organization's success and stability, that the virtuous accountant be identified, nurtured and supported going forward. Similarly, the accountant needs to be more aggressive, curious and "thirsting for knowledge" in order to arm himself/herself to be future ready and relevant. The Blockchain, AI and ML of the world will cut out the monotony and repetition, but cannot take away the insights, judgment, decision making and customization that the empowered accountant provides. While reconciliations can be done through technology, the insights and customization can be done only through the human factor- the accountant !!

The improvement in the quality and integrity of data complemented by an incisive and decisive accountant provides business with the right weapon to focus on what matters most- customer centricity, profitability, compliance and scenario analysis. The CXOs and Directors who are equally concerned about Reputation of the business as much as the profitability, are comfortable and secure since "no corners have been cut" to arrive at the numbers.

This is Relevance in Deed, and everybody's Success lies in making ALL Successful in the right way !!