--- title: Trends in accounting date: 2016-10-21T10:17:57Z modified: 2016-10-21T10:17:57Z permalink: "https://grow.ee/suunad-raamatupidamises/" type: post status: publish excerpt: "" wpid: 4446 timestamp: 2016-10-21T10:17:57Z tags: - Accounting --- The need for financial specialists has grown significantly in Dublin. Robert Walters also predicts high demand in the coming years, especially in the field of internal auditors and regulatory accounting. Employees with strong analytical skills are in demand - people with a background in pure mathematics, statistics and other quantitative sciences find good jobs in finance. The same trend is also in Estonian accounting. The accounting of the future is increasingly becoming technical and the accountant of the future must have very good analytical skills. In communicating with many foreign accounting service providers, it has become clear that very large companies are already outsourcing accounting services. Outsourcing accounting is not only intended for small and medium-sized businesses, as is customary in today's Estonia. However, it can only work if both parties contribute to the flow of information. Many would like to define the transfer of information to accounting as the work of an accountant, but this legacy stems from the last century. The work of an accountant has changed, the accountant should primarily be in the role of an advisor who guides and controls the flow of data. The person transferring/verifying the original data does not need knowledge of accounting, and such a workforce exists in these companies. Yes, today a lot of manual work is still done, but there are signs in Estonia that this is soon changing and large companies may also get rid of their large accounting departments. The attitude of banks towards the online exchange of data with accounting programs must change. Fortunately, there is progress here in the interest of some program manufacturers and banks in cooperating. We also need to get [e-invoices](/?p=3695), which are still not moving, and since few people use them, it is not very easy to understand who is able to issue and receive them. It is also sometimes unclear why some companies can issue e-invoices to, for example, a bank, but cannot send them to another accounting program. Effective accounting can only work if the entire process chain is thought out and operates in such a way that no one has to invest their time doing the same thing twice. The Grow team visited Dublin, where Google and Facebook have established their European headquarters and where finance people are highly valued. We will talk about effective accounting and bottlenecks in the next few times.