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The Professional Profile of Dabie Tsai

The world today is changing in almost every aspect. The field of accounting has not been left behind as the world shifts to the modern era of innovative technology. In the accounting field, new, innovative methods of doing work have been introduced, creating huge changes in the industry. The main goal of these new technologies is to make work easier and more efficient (Levo).

However, it is important to note that technologies have a way of rendering some businesses obsolete, and therefore, it is important for players in the industry to adapt to new technologies as they come. What was working in the past few years might no longer be necessary in today’s operations. Businesses should, therefore, be in a position to anticipate what new technology is coming and the impact that it will bring. This will enable them to adjust their efforts and goals accordingly. In this article, we are looking at the future of accounting from the viewpoint of one of the industry’s veterans, Dabie Tsai.

To understand the weight of her opinion, one needs to look at her personal profile. She’s a highly qualified expert in the field of accounting globally. Looking at her profile, one will approve of her sentiments about the future of the industry, and therefore, her opinion should be considered an indicator of what will actually happen.

Tsai is a former partner with KPMG, one of the biggest tax, audit, and advisory services providers in the world. For 23 years, she worked with the firm, during which time she honed her skills by working on SEC filings in both IFRS and US GAAP. Her expertise in matters of financial reporting, as well as corporate governance, are top notch due to the environment she has been working in. She is also an expert on other matters such as credit risk and SOX 404 controls and processes.

Dabie Tsai has a wide range of experience in working on the international stage. In her career, she has lived in four different countries on three different continents while carrying out her duties as a professional in the field of accounting. In the process of her work, she has provided services to some of the largest financial institutions in different parts of the world, factors which have contributed to her brilliant career in accountancy. To complement her professional career, Tsai is fluent in English, Spanish, and Chinese.

Find more information about Dabie Tsai at https://www.linkedin.com/in/dabie-tsai-94135a80/

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Dabie Tsai, Guiding the Next Generation of Accounting

Women Leading in Accounting

If you are curious about the future of accounting, why not look to industry expert Dabie Tsai. Tsai worked for more than two decades with KPMG, one of the Big 4 accounting firms, including over a decade as a partner. Over her career, she has lived and worked in four different countries in addition to providing services on projects in additional countries. Tsai was in charge of many large multi-million-dollar auditing projects. She supervised teams comprised of more than 200 members. Tsai is a living example of the changes occurring in the accounting field. In this time of change and female empowerment, accounting boardrooms are finally becoming more diverse, and women like Tsai are leading the reform.

 

Women Helping Women

Another trend in accounting is the push of women in leadership to mentor and empower other women. At KPMG, Tsai was recognized for her efforts and received the firm’s Mentoring Award. Accounting firms are rewarding such work and establishing programs to foster and encourage women in leadership. Tsai used that framework to help other women. She was an active Partner Champion in the firm’s Network of Women and also participated in its Executive Leadership Institute for Women. Accounting managements are no longer men-only clubhouses.

 

Computers, Data Analytics, and Artificial Intelligence

Of course, we are all aware that computers have changed our lives over the last 20 years, making the world so much smaller and creating the ability for instant communication. The accounting field has seen similar changes thanks to large-scale computer automation. One of the benefits of automation in accounting is the ability for computers to analyze large amounts of data. Computers can find issues that might be missed by traditional accounting methods. With the proper training, accountants can use the resulting data and analytics in several different ways.

 

The information can be used to look at past transactions, current accounts, and predict future trends. Machine learning and artificial intelligence are also changing the accounting field. Tsai recently forecasted that this will lead to “efficiency and effectiveness transformation where large amounts of information can be processed, analyzed, and evaluated expeditiously while identifying potential irregularities or complexities.” With women like Tsai at the helm, the future of accounting looks very bright indeed.