How Agentic AI Will Transform the Accounting Profession
The emergence of Agentic AI marks a pivotal moment for the accounting profession, promising to redefine how CPAs operate in their daily tasks. Unlike traditional generative AI tools that rely on user prompts, Agentic AI possesses the autonomy to set complex goals and adapt its strategies in real-time, enabling it to tackle multifaceted problems with minimal human intervention. This capability is set to revolutionize not just the efficiency of accountants but also the strategic value they bring to their clients.
Industry experts, including Randy Johnston and Donny Shimamoto, foresee a future where Agentic AI will automate essential elements of client advisory services, enhance real-time auditing processes, and significantly improve research outcomes. By taking over routine tasks such as bookkeeping and report generation, accountants will be freed to focus on higher-level analysis and decision-making, akin to having a team of Ph.D. researchers at their disposal. This shift will not only streamline operations but also empower accountants to provide more insightful and strategic guidance to their clients.
As we stand on the brink of this technological transformation, one can’t help but wonder: how will the role of accountants evolve in an era dominated by Agentic AI? The potential for enhanced productivity and strategic insight is immense, but it also raises questions about the future skills needed in the accounting profession.
Original source: https://www.journalofaccountancy.com/issues/2025/jun/agentic-ai-poised-to-change-the-way-cpas-work/