Managing technology-driven change a top issue for firms, survey finds

Managing change due to technology in general and the rise of artificial intelligence in particular is the leading issue for CPA firms of all sizes in terms of anticipated impact over the next five years, a biennial survey by the AICPA’s firm practice management section found.

Respondents of the CPA Firm Top Issues Survey, conducted by the AICPA’s Private Companies Practice Section, were asked to rate the top issues they’re currently facing and those they expect to be most impactful over the next five years.

Despite varying priorities among six firm-size groups, the results often identify trends and emerging concerns across the profession.

That’s particularly true this year when it comes to change management due to technology and AI, which had a No. 3 or above position for firm-size groups in the current issue rankings but was No. 1 across the board in rankings predicting impact over the next five years. See the data.