Is AI going to mean that accountants are out of a job? Unlikely!

We are proud to share that our Managing Principal, David McLennan CA, has been featured in the latest edition of Acuity magazine!

David joins industry leaders to discuss the rise of Accountable Intelligence the concept of keeping humans firmly in the driver’s seat while leveraging advanced AI to work smarter, streamline efficiencies, and elevate client relationships.

As managing principal of Forsyths one of the largest finance and business advisory firms in regional New South Wales, David understands that while technology is a powerful tool, it cannot replace the value of real-world relationships.

"We’re accountants, but we’re also in the business of relationships," David shares in the article. "AI can surface patterns and highlight potential issues, but it’s our understanding of the client that turns those insights into meaningful action."

Throughout the feature, David highlights how tools like the new Xero Partner Hub and the AI assistant JAX are transforming operations across our seven offices. By consolidating systems and automating routine data extraction, these smart tools free up our 150+ team members to focus on what they do best: delivering high-value, strategic advice to our clients.

Equipping the next generation

With fewer graduates entering the accounting profession, David also discusses the critical balance of mentoring the next generation of financial advisors. He cautions against relying solely on automated tools to do the heavy lifting, emphasising that true professional growth comes from combining powerful tech with analytical critical thinking and hands-on practice.

Ultimately, the future of accounting belongs to those who embrace this balance. As David puts it:

"AI isn’t going to replace accountants. But as the rise of Accountable Intelligence continues, accountants who don’t use AI will fall behind those who do."

We are incredibly proud of David's contribution to this industry-wide conversation. To read his full insights on how Forsyths is shaping the future of regional advisory, read "The Rise of Accountable Intelligence" on Acuity Magazine.

https://www.acuitymag.com/technology/the-rise-of-accountable-intelligence