Will AI Replace Accountants?

More exposed than most occupations, ranked 255 of 785. Employment is projected to grow +5% by 2035, from 1.6 million jobs today.

a woman sitting at a desk using a laptop computer
Photo by @silverkblack on Unsplash

Where this job sits against every other

Least exposed785 occupationsMost exposed
#255 of 785 occupations, ordered by AI exposure

Each column is a slice of the 785 occupations Microsoft measured for how much of their work today's AI can do. Accountants sit in the blue column.

What the job is made of

The biggest single piece of this job is “Examine financial activities, operations, or systems”, at 23.4% of the work. The column on the right is a different measure entirely: out of every time someone asked AI to do that activity, how often it actually got it right. It counts attempts people made, so a high number does not mean the work has moved to AI. It means AI is capable of that task when asked.

Share of the jobAI success rate
Examine financial activities, operations, or systems
23.4%
86% of attempts
Prepare financial documents, reports, or budgets
12.5%
88% of attempts
Analyze business or financial data
9.5%
82% of attempts
Evaluate the quality or accuracy of data
9.2%
82% of attempts
Advise others on financial matters
8.6%
90% of attempts
Communicate with others about operational plans or activities
7.5%
90% of attempts

15 activities make up this occupation in the government's classification. The six here are the ones that define it most.

The numbers behind it

1.6 millionpeople doing this work
+5%projected change by 2035
$83,680median pay, US

Employment and pay are United States figures, the only country publishing this per occupation. The work activities and the AI measurements are not country specific.

There are about 115,000 openings a year here, counting people who retire or move on as well as new positions.

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