Insights from the 2024 Salary Survey: AI’s Role in Moving Accounting Up the Value Chain

Insights from the 2024 Salary Survey: AI's Role in Moving Accounting Up the Value Chain

The recent Salary Survey from the Chartered Accountants Ireland Leinster Society, in partnership with Barden, examined not only salary, career satisfaction, and fringe benefits, but also gathered insights from members on technology and the future of accounting.

Technology offers a range of benefits, from freeing up time and reducing costs to enhancing the delivery of value-added services and improving client engagement. In a profession as dynamic as accounting, embracing technology is no longer optional—it’s essential. With the rapid pace of technological advancements, staying ahead of the curve is crucial for all those working in the field.

A key highlight of this year’s survey is the rise in positive perceptions of artificial intelligence (AI) and its potential impact on daily roles. There is a clear trend of increased optimism and acceptance regarding the opportunities AI presents, as reflected in this year’s findings:

  • Over half (52%) of respondents view AI as a significant opportunity for the profession, up from 40% in 2023.
  • 55% believe AI will enable the profession to move further up the value chain, in terms of the type of work it delivers (compared to 47% in 2023).
  • 57% feel that AI will have a positive impact on their career, a notable increase from 44% last year.

In summary, there is a marked shift towards a more positive outlook on AI, making it undoubtedly one of the most significant topics of this year’s survey, with figures reflecting a substantial leap from 2023.

Check out all of the insights from this year’s Salary Survey here>>>

Want more insights and advice?

Our dedicated Barden team is where professionals go to, in Ireland, before they start looking for a job. And where leaders go before they start looking for talent. In Barden, we understand that each professional, team, role, and requirement is unique. Our approach is people first, supported by real-time data insights. Just drop us a line today on hello@barden.ie and we will take it from there. Simple.

At Barden we invest our resources to bring you the very best insights on all things to do with your professional future. Got a topic you would like us to research? Got an insight you would like us to share with our audience? Drop us a note to hello@barden.ie and we will take it from there. Easy.