In future, is it possible for a software to replace a chartered accountant?
No. It is not possible. Where as work load of chartered accountant can be reduced using software's now a days also lot of software tools are available to reduce their work load starting from filing a return to taking audit trials.With the development of software work will be reduced , we cannot replace completely by human brain
Hi Gunesh, With the development of software work will be reduced , we cannot replace completely by human brain.(i.e Chartered Accountant)
1.It needs to be updated and also needs to combine other knwoledge as required with the given situation and that only a ca can do not a software on its own. Requires application of mind and updated knowledge. 2.Software cannot go to various dept for representing clients though they can help ca for maintaing and analysing data.