Accountants require a new skillset that reflects current advancements in terms of digital technology and future trends, according to the Association of Chartered Certified Accountants (ACCA).

New ACCA entitled Professional Accountants – The Future reveals 55% of accountants believe technology to be the most impactful driver of change for the finance profession in the long term.

The largest study ever undertaken by the ACCA  outlines technological and digital ability as one of the ‘Magnificent Seven’ - seven essential attributes required by accountants in order to be the perfect professional.

The ACCA is encouraging members to take the Magnificent Seven test to find out where their strengths and weaknesses lie. The test is accessible here.

Liz Hughes, Head of Mainland Europe and Ireland, ACCA, commented: “The role of finance professionals has changed dramatically.They are leaders and innovators within organisations across a myriad of industries.

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“It is critical that our members embrace advancements and remain one step ahead to retain competitive advantage.

Photo: Liz Hughes (left), Dermot Igoe of Microsoft (centre) and Paddy Power’s Steven Cochrane