RECOVERY AND

TECHNOLOGY
ADVANCEMENT
Yanuar Tedjawidjaja S.Kom, MIB, CPA (Aust.), CA
(Indonesia)
A road to recovery from new normal to the
resilience
◦ Global Pandemic has passed few months, several waves and it has seen the
light at the end of a tunnel.
◦ Some signs of recovery and the end of tunnel :
◦ Removal of public health measures in some European countries
◦ Borders opening and removal of quarantine requirements.
◦ Many companies resume to the “business as usual”
◦ Higher capacity for normal working
◦ Business travels are intensified and higher mobility
◦ People has established more optimistic scenario for 2022.
Accountant achievement and contribution for
the recovery
◦ Accountants are proven as essential workers throughout the world, but it
could work remotely to limit the impact of outbreak
◦ The pandemic has shown us that Accountants’ work and skills are
borderless and they go global.
◦ Accountants are helping the business & government with its business
acumen, professional judgement and critical thinking to prepare a basis
of information for quick decision making process.
Industry 4.0 and technology advancement
◦ Key developments have led to better processing power and the ability to
store more data. Accountants can work faster but also look at more,
which is massively impacting the way they work. Specific developments
include cloud technology and big data, both of which are affecting all
businesses, not just accountants.
◦ Accountants’ scope of work is more, wider and faster.
◦ Young Accountant will have more opportunity during the recovery as they
are native to the technology and digitalization.
Digitalization, Technology and New Normal
◦ Less physical interaction and more electronic information.
◦ Financial, Tax, and other relevant information are made in digital format
and electronic submission.
◦ Development of digital data processing, big data analytic and artificial
intelligence.
◦ Recording will be made with strict control and digital audit procedures
with more data analytic testing.
◦ E-wallet, E-SPT, E-Pajak, Tax Reform, IT and Systems audit.
Accountant Benefits with advance technology
and economic benefits
◦ Accountants could accomplish its works with technology and simplify its
process
◦ recording data,
◦ sorting transactions,
◦ reconciling accounts,
◦ inputting and matching data

◦ Both big corporations and SME should invest more in technology based on
their capability.
Accountant Benefits with advance technology
and economic benefits (2)
◦ Technology gives more timely result which the nature is “real time” and it
enables a company to make more profitable actions which lead to
economic impacts.
◦ Many business could capture bigger markets through online platform and
high-speed internet.
◦ Cost savings would be at the heart of technology through its efficiency
(e.g. less printing, less travel expenses, less time spending on basic
activities).
◦ Accountants will focus in the job with high value and big impact.
Practical tips for future accountant's post
recovery
◦ Improving competence and communication skills.
◦ Pursuing national and global qualifications would be essentials for future
accountants.
◦ Participating in various professional competence and education
developments.
◦ Numbers of Indonesia’s accountants are below the requirements, there is a big
gap between talent’s supply and demand. Become a qualified accountant.
◦ Learning more about data analytics, inclusivity, sustainable business and
critical thinking.
THANK YOU
Q&A
Oleh Yanuar Tedjawidjaja