Accountants and Auditors
of tasks in the Accountants and Auditors role are ones AI can already do, per AI experts.
From a Stanford study where AI experts and accountants and auditors workers rated each real task (O*NET). Not a guess from the job title.
Key statistics
Free to cite, with a link back to Automatable.
- AI can already do 86% of the 7 work tasks in the Accountants and Auditors role, according to AI experts in the Stanford WORKBank study (O*NET SOC 13-2011.00).
- Workers in the Accountants and Auditors role want about 29% of their tasks automated (Stanford WORKBank, 1,500 U.S. workers).
- 2 of 7 Accountants and Auditors tasks are Automation Green Light, wanted by workers and do-able by AI, that is 29% of the role (Stanford WORKBank).
- The typical Accountants and Auditors task scores 2.46/5 for worker desire to automate and 3.83/5 for AI capability today (Stanford WORKBank, 1-5 scale).
- The Accountants and Auditors role (O*NET SOC 13-2011.00) has a median U.S. wage of $93,520 and about 1,448,290 people employed (U.S. O*NET / BLS).
Top tasks to automate
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- Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
- Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
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What workers told Stanford
Of the 7 tasks studied for Accountants and Auditors, 2 (29%) are in the Automation Green Light zone, AI can largely do them and workers want it. Across all tasks, workers want about 29% automated. The typical task scores 2.46/5 for worker desire and 3.83/5 for AI capability.
All 7 tasks, most-wanted first
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
Green Lightwant 3.3 · AI 3.5Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
Green Lightwant 3.11 · AI 3.5Prepare adjusting journal entries.
Red Lightwant 2.7 · AI 4Report to management regarding the finances of establishment.
Low Prioritywant 2.2 · AI 3.33Review accounts for discrepancies and reconcile differences.
Red Lightwant 2.13 · AI 4.5Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
Red Lightwant 2 · AI 4.33Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Red Lightwant 1.75 · AI 3.67
Related occupations
Other Business and Financial Operations roles in the Stanford WORKBank study, closest AI-capability share first.
- Search Marketing StrategistsAI can do 86% of tasks today · workers want 100% automated
- Loan OfficersAI can do 88% of tasks today · workers want 63% automated
- Tax PreparersAI can do 89% of tasks today · workers want 89% automated
- Credit AnalystsAI can do 83% of tasks today · workers want 67% automated
- Online MerchantsAI can do 80% of tasks today · workers want 67% automated
- Management AnalystsAI can do 75% of tasks today · workers want 25% automated
Lower-automation alternatives
Less of these jobs is automatable today: AI experts rate a smaller share of their tasks as doable than the 86% for Accountants and Auditors (Stanford WORKBank).