Will AI Replace Accountants? Here’s What Small Business Owners Really Need to Know

You’ve probably seen the headlines. “AI is coming for your job.” “ChatGPT will replace accountants.” Even Jeremy Hunt had a go recently, saying graduates should avoid accounting because AI’s got it covered.

We hear this a lot—but let’s slow down and look at what’s really going on.

Yes, AI Is Changing Accounting (and That’s Not a Bad Thing)

Let’s start with the obvious: yes, AI is already being used in accounting, and it’s doing a cracking job at automating some of the more boring bits—like data entry, categorising transactions, and flagging suspicious activity.

These tools are fast, consistent, and never need a coffee break. We use automation at Seaview Accounting too, especially for things like processing receipts and syncing bank feeds. It helps us spend less time chasing numbers and more time actually helping our clients.

So if you think of AI as a tool that speeds up the admin—then yeah, we’re all for it.

But Here’s the Bit the Headlines Miss…

AI isn’t a replacement for human accountants. Not even close.

Sure, it can process data faster than any of us, but it doesn’t understand your business. It can’t make judgment calls. It can’t sit down with you and talk through what’s really going on. It can’t read between the lines when something feels off. And it definitely can’t give tailored advice based on your goals, industry quirks, or that big idea you’ve got brewing.

Think of it this way: AI might help prepare the numbers. But it still takes a human to make sense of them—and guide you through what to do next.

What AI Can’t Do (And Probably Never Will)

Let’s spell it out. AI can’t:

• Understand the emotional or personal side of business decisions
• Offer tax planning tailored to your unique situation
• Spot long-term risks or opportunities based on trends and context
• Explain complex rules in plain English over a cuppa
• Be accountable for decisions (there’s no “AI Tribunal” if something goes wrong)

AI isn’t the enemy—it’s just not the full solution.

What This Means for Small Business Owners

If you're running a small business, here’s the good news: you get the best of both worlds.

A modern accountant should be using AI-powered tools to save you time and reduce errors. But they should also be the person you trust to pick up the phone, talk strategy, and help you sleep better at night.

At Seaview Accounting, we use the tech—but we lead with people. That means you still get:

• A qualified accountant (not just a software licence)
• Strategic advice based on real conversations
• Someone who actually knows your business, not just your balance sheet
• And a partner who’s on your side as your business grows

Not Feeling the Love from Your Current Accountant?

If your accountant feels more robotic than helpful, it might be time for a change. The good news? Switching is easier than you think.

Let’s Future-Proof Your Finances—Together

AI is here, and we’re all for using it to make life easier. But when it comes to understanding your business, giving clear advice, and helping you grow—you’ll always want a real person in your corner.

📩 Got questions? Drop me a line at thomas@seaviewaccounting.com and let’s talk about where your business is heading—and how we can help you get there (with the right mix of tech and people).

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