From www.accountingtoday.com: Accountants play a crucial role in maintaining financial transparency and integrity by detecting discrepancies and preventing potential failures before they escalate into scandals.

The article highlights the case of Steak ‘n Shake, which faced serious issues due to inadequate internal controls and reporting practices, emphasising the importance of skilled accountants as both guardians and strategists.

Despite advancements in technology, human judgment remains essential, as systems cannot fully comprehend context or ensure proper analysis of financial data.