Get ready for the accounting bots

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. What amount of repetitive processing work could be automated in financial services?

  2. Where is the use of robots already happening in accounting?

  3. What is the benefit of using robots in the workplace?

  4. What is RPA beginning to remove from corporate tax compliance?

  5. What can Grant Thornton cut out of the tax compliance work by using RPA?

  6. What ancillary benefits will it bring to Grant Thornton?

  7. The use of RPA in tax compliance work will free up staff for what?

  8. What are robots not good at?

  9. Are there any benefits for tax professionals?

  10. The key considerations for accountants who want to use RPA?