Dabie Tsai: Leading the Future of Global Accounting

If your impression of accounting is a group of old white men sitting around a boardroom, then you haven’t met Dabie Tsai. Tsai is part of the changing face of accounting, which now includes many women and people of color. Tsai is also part of the continuing changes in accounting, with computerization making a strong impact on how accountants work every day. And the accounting field, like many other businesses, is becoming a much more globalized endeavor.

Dabie Tsai: International Expert

Tsai worked for over two decades with global accounting and auditing powerhouse KPMG. Tsai managed large teams of over 200 people while working with international financial institutions and companies. She specialized in SEC and IPO filings, US GAAP and IFRS, mergers and acquisitions, and auditing large banks. In addition to her work in the United States, Tsai worked with KPMG’s clients in Spain, Canada, and Chile. She has lived on four continents and in five different countries, giving her a unique perspective on the world of accounting.

Computers Are the Future of Accounting

While most of us know that accountants and auditors have moved from the abacus and calculators to computers, many of us don’t realize how much computerization is affecting accounting. Tsai has noted that through machine learning and artificial intelligence, computers will continue to significantly impact accounting. Automated functions are increasing as machine systems learn how to handle more and more basic accounting tasks. This may sound ominous and like computers will be taking over and displacing workers, but Tsai feels that the future is looking much brighter.

As computers handle simpler tasks, people can focus their time and unique skills on “higher-level, more complex work requiring expert judgment.” Tsai notes that for her this type of work is more satisfying and engaging than the tasks that the computers will execute. Computers that make accountants and auditors more efficient and effective will make our world a better place.

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