AI in Accounting: Insights from Chris Kissack

Following the completion of Chris Kissack’s AI for Accounting & Finance training, we asked for his thoughts on the future of AI in accounting.

AI is Changing the Accounting Industry

“Many firms are already using AI to automate data entry, generate reports, and forecast financial trends. Even those without an AI strategy recognize its impact and potential benefits. This was especially clear during my training sessions, where professionals acknowledged AI’s growing role in the industry.

The benefits are significant. AI can increase efficiency, reduce errors, and free up time for higher-value client advisory work. However, while some firms fully embrace AI, others remain hesitant.”

Challenges and Opportunities

Many accountants and operations teams worry about data security, job displacement, and AI’s long-term effects. These concerns are valid, but one trend is clear—firms that invest in AI training gain a competitive advantage.

Those who learn how to use AI effectively are saving time and improving decision-making. The ability to integrate AI into workflows is becoming a key differentiator in the industry.

The Human Element Remains Essential

Despite AI’s advancements, human expertise remains irreplaceable. While AI automates tasks and improves efficiency, strong client relationships, professional judgment, and strategic decision-making depend on people.

Accounting teams thrive on collaboration, mentorship, and problem-solving. Experience and critical thinking help professionals navigate complex financial and ethical challenges. AI can support these efforts, but it cannot replace the trust, insight, and personalized service that clients expect.

Ongoing AI Training and Accounting Expertise

Chris’s Finance & Accounting training sessions, delivered through Digital Isle of Man’s Activate AI program, have now concluded. However, Acclaim Insights continues to provide custom AI training and workshops for businesses on and off the Island.

In addition to AI training, Acclaim’s accounting team offers professional services tailored to your needs. Get in touch to learn more: https://accla.im/