With artificial intelligence being prioritized by many large businesses to optimize operational processes, many fear that AI will completely replace the accounting profession and reduce the demand for its recruitment.
Are accounting majors worried about being replaced by AI in the future? (Illustrative image)
Will the accounting profession be replaced by AI in the future?
AI has been replacing many traditional accounting tasks, delivering superior efficiency. Tasks such as data entry, invoice processing, financial reporting, and primary auditing can now be performed by software like QuickBooks, Xero, or Zoho Books.
However, AI cannot completely replace the accounting profession. Many experts emphasize that humans still play a core role in tasks requiring strategic thinking and professional ethics.
According to Vietnamnet, Helen Brand, Global CEO of ACCA, said that AI is an opportunity for accountants to focus on creating strategic value instead of repetitive tasks.
Similarly, Professor Alan Parkinson asserts that robots cannot steal jobs from accountants, but they do require accountants to adapt to the technology.
Areas where AI is difficult to replace include: Financial advisory and strategic planning, Legal oversight and compliance, Accounting estimation, etc.
Overall, while AI cannot completely replace them, in reality, accountants who only perform simple tasks like data entry and payroll preparation may lose their jobs. According to Dan Tri newspaper, recent graduates will face significant competition as job opportunities in these positions decrease.
Therefore, young people and accountants need to proactively adapt and improve their technological and professional skills to take advantage of the opportunities that AI brings.
Some of the top schools for accounting programs.
The Banking Academy admits students to its accounting program through five methods, including: direct admission and priority; high school transcript review; combined review of international certificates and high school academic results; review of V-SAT university entrance exam results; review of Hanoi National University's aptitude test results; and review of high school graduation exam scores.
In 2024, the school set the admission cutoff score for the banking major based on high school graduation exam scores ranging from 24 to 34 points (A00; A01; D01; D07).
The University of Commerce is recruiting students for two accounting majors: corporate accounting and public accounting. Tuition fees for the 2025-2026 academic year are expected to range from 24 to nearly 28 million VND for the standard program.
The university admits students to the accounting program through four methods, including: direct and priority admission; combined admission; admission based on high school graduation exam scores; and admission based on the results of the National University of Hanoi's aptitude test and the Hanoi University of Science and Technology's thinking skills assessment.
Foreign Trade University - in 2024, the cutoff score for the accounting major will be between 27.3 and 27.8 points. This year, the university plans to consider applications based on four subject combinations: A00; A01; D01; and D07.
The tuition fee for the standard program in the 2025-2026 academic year is expected to be 25.5 - 27.5 million VND per academic year.
The University of Economics (University of Da Nang) recruits students for the accounting major through four methods: direct admission and priority admission; admission based on high school graduation exam scores; admission based on high school academic transcripts; and admission based on the National University of Ho Chi Minh City's aptitude test scores.
Last year, the school set the cutoff score for the accounting major based on high school graduation exam results at 24.25 points (A00; A01; D01; D90).
The University of Finance and Marketing admits students to its accounting program through five methods: direct admission; admission based on high school academic transcripts; admission based on high school graduation exam scores; admission based on entrance exam results; and admission based on the National University's High School Competency Assessment Exam results.
The tuition fees applied by the school for students admitted in 2025 will not change much compared to 2024, ranging from 30 to 64 million VND per year depending on the training program.
An Nhi (Compiled)
Source: https://vtcnews.vn/hoc-nganh-ke-toan-co-lo-bi-ai-thay-the-trong-tuong-lai-ar949223.html
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