From Compliance to Consultancy: The Evolution of the Modern Accountant

Abstract

The accounting profession has undergone significant changes in recent decades, moving from a complianceoriented role to a more analytical and advisory function. This paper examines this transition, focusing on the impact of digitalization and automation. Based on a documentary analysis of 15 sources (scientific articles, professional reports, and accounting standards) published between 2016 and 2025, the study finds that 50-65% of routine accounting tasks can be automated, which reduces errors and frees up time for value-added activities. However, the shift towards a consultancy role is uneven: while large corporations increasingly use accountants as strategic advisors, in small and medium enterprises (SMEs) the traditional compliance role remains dominant. The paper also identifies a gap between the digital and analytical skills required by employers and those currently possessed by accounting professionals. The conclusion is that the accountant of the future will need to combine technical expertise with digital literacy and communication skills, but continuous learning is essential. CZU: 657.007.3:004; JEL: M40, M41, O33