Facing Industry Revolution 4.0 for Millennial Accountants
Bambang Leo Handoko1, Archie Nathanael Mulyawan2, Josephine Samuel3, Klara Karlita Rianty4, Steven Gunawan5
1Bambang Leo Handoko*, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia.
2Archie Nathanael Mulyawan, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia.
3Josephine Samuel, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia.
4Klara Karlita Rianty, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia.
5Steven Gunawan, Accounting Department, Faculty of Economics and Communication, Bina Nusantara University, Jakarta, Indonesia.
Manuscript received on October 15, 2019. | Revised Manuscript received on 24 October, 2019. | Manuscript published on November 10, 2019. | PP: 1037-1042 | Volume-9 Issue-1, November 2019. | Retrieval Number: A4681119119/2019©BEIESP | DOI: 10.35940/ijitee.A4681.119119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The background of this research is to give an overview to millennial accountants of various challenges that will be faced by the accounting profession in the future. The background of writing this essay is because Indonesia will be affected by the Industrial Revolution 4.0 which will cause jobs to disappear, emerge and change. This research is directed to solve the solutions that occur in millennial accountants in making strategies to deal with these changes by paying attention to conditions in the 4.0 era where technology has developed rapidly and is living side by side with humans. Technology that has developed rapidly is certainly not an obstacle for millennial generation accountants to get a job. One technology that is booming is Artificial Intelligence (AI). AI Began to become a part of work activities at the start of the Industrial Revolution 4.0. With this advanced technology, all things can be handled well and is a helper for today’s companies in processing large amounts of data. Therefore, many people assume that the role of accountants will be replaced by machines. But if you look further, it is the lack of skills and information regarding the operation of the technology that causes new accountants such as millennial generation to feel threatened by the presence of technology. By learning more about the accounting profession in the future, accountants can collaborate with machines to advance life as a unit of valuable assets. All of this was done so that they could remain competitive and not be left behind in the rapid development of technology.
Keywords: Millennial, Industry Revolution 4.0, Artificial Intelligence, Professional, Accountant
Scope of the Article: Artificial Intelligence