The majority of accountants are failing to invest sufficient money and time in tech skills so as to enable them to keep up with the new era of technology in the sector , according to a new report from Xero . This is despite the fact that 71 % of accountants do expect good knowledge of computers and automation in finance to be crucial to their success within the next five years , with 30 % saying that the huge growth in the industry means they will have to leave the sector if they do not keep up with new tech skills . Three in four accountants (71 per cent) expect proficient knowledge of technology and automation in finance to be crucial to their success within five years. Xero 's Gary Turner says the survey shows the accountancy sector " needs to work harder on investing sufficient time in keeping abreast of emerging technologies " .
The majority of accountants are failing to invest sufficient money and time in tech skills so as to enable them to keep up with the new era of technology in the sector , according to a new report from Xero . This is despite the fact that 71 % of accountants do expect good knowledge of computers and automation in finance to be crucial to their success within the next five years , with 30 % saying that the huge growth in the industry means they will have to leave the sector if they do not keep up with new tech skills . Xero 's Gary Turner says the survey shows the accountancy sector " needs to work harder on investing sufficient time in keeping abreast of emerging technologies " .