In the modern tech world, business organisations are chasing technology to achieve their goals by dint of rendering goods and services efficiently and effectively. However, not all the functions of business organisations have embraced and endorsed the usage of technology. As an instance, accounting and auditing functions are paper-based in most organisations. Such functions require laborious human efforts, time, energy and cost because they involve repetitive pen-pushing, making it impossible to obtain an apt and fair degree of accuracy and precision in the output. Moreover, conventional methods of accounting and auditing continue to face a variety of problems and challenges such as time-consuming work (paper-based), difficulty in maintaining the books of accounts, checklist method of verification of business and financial transactions etc. The accounting and auditing functions are the prime leading areas for implementing Robotic Process Automation (RPA). In addition to other technologies, RPA is an essential engine for the digitalisation of accounting. The potential to automate accounting processes with RPA is towering, and robots are prophesied to replace accountants for a significant portion of their duties. This core driver could entail the elimination of entry-level accounting positions and, contemporaneously, the creation of new accounting job roles and functions. The future responsibilities of accountants will outstretch and outstrip bookkeeping and financial reporting to provide business advisory services and levelly lead the RPA transformation.

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Keywords: RPA, Digitalisation of Accounting, Automate Accounting Process, Transformation.