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CAF-3 · Chapter 13 · Question 12 of 15

A modern chartered accountant uses tools like Microsoft Power BI to analyze 1 terabyte of financial data in just 5 minutes, allowing them to advise the CEO on entering a new market. According to industry reports (like the AICPA), what percentage of accountants now act in such advisory roles?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) 60%

Explanation

The AICPA notes that approximately 60% of accountants now act as advisors, adding massive value to organizations, representing a massive leap from the compliance focus of the past

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