Why Disruptive Change is Benefitting Finance and Accounting

As a long-standing function of business, accountancy has been continually refined by changes in technology. As the Greek philosopher Heraclitus claimed over two-and-a-half thousand years ago, "the only constant in this world is change". This is still true today, and it is only becoming increasingly profound thanks to our cultural, societal, technological and physical evolution. So, when it comes to finance and accounting, what are the key drivers of change? Analysis of the business environment has long been a staple of any successful organisation's strategic management – whether it's to understand any possible opportunities and threats, making comparisons to competitors, or to support specific strategic feasibility.