The Disruptive Impact of the Digital Revolution on Accounting

Organizations are slow at adopting progressive methods. This is true for CFOs, CPAs and accountants. The accounting profession needs to prepare for change and threats to competitive advantage because there is an accelerating and disruptive digital technologies transformation in progress called the "digital revolution". We are witnessing significant changes in the nature of technologies available for today's managers and employee teams with regard to infrastructure, availability and capacity. These elements have accumulated in four key technologies often referred as SMAC – Social, Mobile, Analytics and Cloud.