Upskilling and Retraining of Accounting Professionals in the Digitalized Era

Ah-Suat Lee; Yoon-Mei Chin; Pik-Yin Foo; Chun-T’ing Loh; Yen-Hong Ng

doi:10.2991/978-94-6463-666-6_23

<Previous Article In Volume

Next Article In Volume>

Upskilling and Retraining of Accounting Professionals in the Digitalized Era

Authors

Ah-Suat Lee¹, Yoon-Mei Chin¹^{, *}, Pik-Yin Foo¹^{, *}, Chun-T’ing Loh¹, Yen-Hong Ng¹

¹Faculty of Business and Finance, Universiti Tunku Abdul Rahman, Petaling Jaya, Malaysia

^*Corresponding author. Email: ymchin@utar.edu.my

^*Corresponding author.

Corresponding Authors

Yoon-Mei Chin, Pik-Yin Foo

Available Online 17 March 2025.

DOI: 10.2991/978-94-6463-666-6_23 How to use a DOI?
Keywords: Accounting profession; Artificial intelligence; Upskilling; Job skills; Job performance
Abstract: Artificial Intelligence (AI) is revolutionizing and reshaping many industries and professions, accounting is of no exception. A significant concern for the accounting professionals is the threat of job displacement as a result of AI. Nevertheless, there are opportunities for new roles in the AI driven world. However, professionals need to continuously upskill, adapt and engage in lifelong learning to embrace these changes. This will help them to stay relevant in their careers and to make the most of the opportunities that AI presents. Following the Theory of Human Capital Development, this study proposes in order to keep abreast with the latest technological advancement, accounting professionals need to have a digital mindset, equip themselves with relevant digital skills and familiarize with human-machine teaming to enhance job performance. Upskilling and retraining are crucial in the digitalized era. Accounting professionals can leverage AI capabilities to automate routine and repetitive tasks so that accounting professionals can focus their time and energy on more high-value tasks such as analysis, reporting and strategic decision making. It is recommended that future research be conducted to further test and evaluate the relationship of higher order thinking and job performance of accounting professionals.
Copyright: © 2025 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume

Next Article In Volume>

Volume Title: Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024)
Series: Advances in Economics, Business and Management Research
Publication Date: 17 March 2025
ISBN: 978-94-6463-666-6
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-666-6_23 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Ah-Suat Lee
AU  - Yoon-Mei Chin
AU  - Pik-Yin Foo
AU  - Chun-T’ing Loh
AU  - Yen-Hong Ng
PY  - 2025
DA  - 2025/03/17
TI  - Upskilling and Retraining of Accounting Professionals in the Digitalized Era
BT  - Proceedings of the 12th International Conference on Business, Accounting, Finance and Economics (BAFE 2024)
PB  - Atlantis Press
SP  - 391
EP  - 401
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-666-6_23
DO  - 10.2991/978-94-6463-666-6_23
ID  - Lee2025
ER  -

copy to clipboard