PPT Materi 1 (Kelompok 3)

“STRATEGIES FOR

OVERCOMING DISRUPTION OF

THE ACCOUNTING PROFESSION

FACING THE ERA OF

INDUSTRIAL REVOLUTION AND

SOCIETY 5.0”

OUR TEAM

RIA AFRIZAL

GROUP 3

MUHAMMAD

AMMAR WAFAA

NURILAH AHMAD ALFREDO

AMRUL HAZ HASIBUAN

DISCUSSION

ERA OF INDUSTRIAL REVOLUTION AND SOCIETY 5.0

ERA OF INDUSTRIAL REVOLUTION AND SOCIETY 5.0

STRATEGIES FOR OVERCOMING DISRUPTION

THE ERA OF THE

INDUSTRIAL REVOLUTION AND SOCIETY 5.0

Industry 4.0 ushers in a new era of technology that brings about significant changes in how businesses operate. The accounting profession, often associated with traditional financial recording, auditing, and reporting, is undergoing significant development. On the other hand, Society 5.0, directs this progress toward the formation of a more sustainable and community-oriented society

THE ERA OF THE

INDUSTRIAL REVOLUTION AND SOCIETY 5.0

Industry 4.0 is the next phase of company operations that integrates digital technology, artificial intelligence, advanced data analytics, machine-to-machine (M2M) communication, and the Internet of Things (IoT)

Industrial Revolution 4.0

Society 5.0

The impact of Society 5.0 on the accounting industry serves as a reminder of the value of data in all decision-making processes. Accountants must be able to collect, process, and analyze data accurately

DISRUPTION IN THE ACCOUNTING

PROFESSION

Disruption in the accounting profession is

not only a challenge but also an

opportunity to transform and enhance

the role of accountants in the ever-

evolving business world

DISRUPTION IN THE

ACCOUNTING PROFESSION

Technological Change and Automation

Changes in the Accountant's Role Regulatory Uncertainty

Changing Stakeholder Engagement

The Importance of Ethics and Transparency

1.

2.

3.

4.

5.

THE KEY STEPS FOR THE FUTURE ACCOUNTANTS

Prakosa & Firmansyah stated that as an

effort to face the challenges of the

society 5.0 era, an accountant needs to

do the following five things:

INVEST IN DIGITAL SKILL DEVELOPMENT

Investing in digital skills development is a very valuable step in the era of society 5.0

IMPLEMENT NEW TECHNOLOGY PROTOTYPES, WHILE LEARNING BY DOING

Learning by doing is a very effective approach in

facing the challenges and opportunities offered

by technological developments, especially for

accountants.

EDUCATION BASED ON INTERNATIONAL CERTIFICATION

An important effort in preparing accounting professionals to operate in an increasingly connected global business environment.

RESPONSIVE TO INDUSTRY CHANGES, BUSINESS TRENDS, AND TECHNOLOGICAL DEVELOPMENTS

The ability to be responsive to changes in industry,

business, and technological developments is key to

having a successful career in accounting.

CURRICULUM AND LEARNING BASED ON HUMAN- DIGITAL SKILLS

Such a curriculum should include an in-depth

understanding of fundamental accounting

principles, but also include relevant aspects of

digital skills.

THE SKILLS FOR THE

ACCOUNTANT IN SOCIETY 5.0 ERA

In the future, accountants must be able to think strategically. Management accountants in the future must be knowledgeable, high-quality, adequately skilled, capable of development, and constantly innovative with technology.

ACCA The Deloitte

Access

Economics

ACCA HIGHLIGHTS 7 KEY SKILLS

Technical Skills and Ethics Quotient (TEQ) Intelligence Quotient (IQ)

Creativity Quotient (CQ) Digital Quotient (DQ)

Emotional Intelligence Quotient (EQ) Vision Quotient (VQ)

Experience Quotient (XQ) 2. 1.

3. 4.

6. 5.

7.

THE DELOITTE ACCESS ECONOMICS REPORT OF SOFT-SKILL

Leadership

Critical Thinking

Flexibility and Adaptability Tech Savvy

Communication and Emotional Intelligence

Creativity and Innivation 2. 1.

3. 4.

5.

6.

ACCOUNTANT

PREPARATIONS FOR THE ERA OF SOCIETY 5.0

Make sure you have certification

Creating goal orientation Make time management Always up to date

Using software to maximize

performance

THANK

YOU