"Accounting is the language of business," has been a long-held truth for decades, but in that same spirit, it's important to remember that language changes over time. This couldn't be more true for the accountir profession. Technology has steadily optimized the common roles and tasks of accountants, with some o the largest leaps in technology eliminating those tasks and leaving professionals with more time than eve https://www.cpapracticeadvisor.com/ And now, it appears inevitable that COVID-19 accelerated change and forced us to reconsider the role o professional accountants. Based on your group research, answer the following questions. - What are the primary differences between managerial accounting and financial accounting? -What are the financial reporting requirements by legislation? - How has the pandemic affected financial reporting? - What benefits companies would expect to reap from preparing sustainability reports - What are the changing roles of management accountants? - Identify future required skills and areas of demand for our skills - Discuss what aspects of ethics and regulatory framework should be considered - Does the changing world of professional work need a new approach to accounting education? -What is your group opinion on the value of studying accounting