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Pooja Script

Assessment help for students

Uploaded by

Aounaiza Ahmed

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as DOCX, PDF, TXT or read online on Scribd

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Slide 1: Title Slide

Speaker Notes: Welcome, everyone. Today, I will be presenting a critical analysis of the paper titled
"Early evidence of digital labor in accounting: Innovation with Robotic Process Automation" by Kokina
and Blanchette, published in 2019. This study explores the adoption of Robotic Process Automation, or
RPA, within the accounting industry and examines its benefits, challenges, and implications for the
profession. My presentation will cover the key points of the paper, discuss the motivations behind the
research, analyze the results, and evaluate the strengths and weaknesses. I will also highlight the
paper’s contributions to existing literature and discuss its practical, economic, and managerial
implications. Let’s begin.

Slide 2: Introduction

Speaker Notes: This paper by Kokina and Blanchette (2019) investigates the early adoption of Robotic
Process Automation (RPA) in accounting. RPA is a technology that automates repetitive, rule-based tasks
traditionally performed by humans, offering potential improvements in efficiency and accuracy. The
importance of this study lies in understanding how RPA can transform accounting practices, enabling
accountants to focus on more strategic activities. This critical analysis will summarize the key points of
the paper, discuss the motivations for the research, evaluate the results, assess the strengths and
weaknesses, and examine the paper's contributions and implications for the industry.

Slide 3: Summary of Key Points

Speaker Notes: The paper defines RPA as software that automates routine, rule-based tasks traditionally
performed by humans. It provides early evidence of RPA adoption in accounting firms, highlighting tasks
such as data entry, transaction processing, and compliance reporting. The benefits identified include
cost reduction, improved accuracy, increased productivity, and the redeployment of human workers to
more strategic activities. However, the study also outlines challenges such as initial implementation
costs, resistance to change, data security concerns, and the need for continuous monitoring and
updating of RPA systems. Additionally, the impact on the accounting profession includes potential job
displacement but also new opportunities for higher-level analysis and decision-making.

Slide 4: Motivation for the Research

Speaker Notes: The primary motivation for this research is the rapid technological advancements and
their transformative potential in the accounting industry. Kokina and Blanchette aim to fill a gap in the
literature by providing empirical evidence on the early adoption and implications of RPA in accounting.
They seek to explore whether RPA can deliver on its promises of enhanced efficiency and cost savings,
while also understanding the challenges and broader impacts on the profession. By addressing these
objectives, the authors hope to offer insights that can guide future adoption and implementation of RPA
in accounting.

Slide 5: Discussion of Results

Speaker Notes: The study's results indicate that RPA is increasingly being adopted by accounting firms,
particularly for repetitive and standardized tasks, driven by the need to improve efficiency and reduce
operational costs. Firms reported significant benefits, including reduced error rates, faster processing
times, and cost savings, which support the argument that RPA enhances overall efficiency and accuracy.
Despite these benefits, challenges such as the complexity of integrating RPA with existing systems,
ongoing maintenance needs, and job displacement concerns were identified. The study also highlights
that while RPA may displace certain routine tasks, it creates opportunities for accountants to engage in
more strategic and analytical roles, potentially enhancing their value within the organization.

Slide 6: Strengths and Weaknesses

Speaker Notes: The strengths of the paper include its timeliness and relevance, addressing a highly
current topic within the accounting industry. It provides valuable empirical evidence on the adoption
and impact of RPA, filling a significant gap in the literature. The analysis is comprehensive, offering a
balanced view of both the benefits and challenges of RPA adoption. However, the study has some
weaknesses, including a limited scope that focuses primarily on early adopters, which may not be
generalizable to all firms or industries. Additionally, the short-term perspective may overlook long-term
impacts, and the lack of detailed methodology, such as sample size and selection criteria, could affect
the reliability and validity of the findings.

Slide 7: Contribution to Literature

Speaker Notes: This paper makes a significant contribution to the existing literature on digital
transformation and automation in accounting by providing concrete data on the benefits and challenges
experienced by accounting firms. It fills a gap left by previous research, which often focused on
theoretical predictions, by offering real-world examples of RPA implementation. Compared to earlier
studies by Chakraborti et al. (2020) and Hofmann et al. (2020), which discussed RPA's potential broadly
across industries, Kokina and Blanchette’s focus on accounting provides specific insights into how RPA is
transforming this field, enriching the academic discourse with practical evidence.

Slide 8: Practical, Economic, and Managerial Implications

Speaker Notes: The research highlights several practical implications for accounting firms, including the
potential to streamline processes, reduce errors, and lower operational costs through RPA.
Economically, firms can achieve significant cost savings and productivity gains from RPA adoption,
although they must also consider the initial investment and ongoing maintenance costs. Managerially,
the study underscores the importance of change management and employee training. As RPA
automates routine tasks, managers must focus on reskilling and redeploying employees to more
strategic roles, requiring careful planning and communication to address employee concerns and ensure
a smooth integration of RPA into existing workflows.

Slide 9: Conclusion

Speaker Notes: In conclusion, Kokina and Blanchette's (2019) study provides valuable early evidence on
the adoption and impact of RPA in the accounting industry. The research offers a balanced view of the
benefits and challenges associated with RPA, contributing significantly to the academic literature. While
the study has certain limitations, it provides practical insights for firms considering RPA implementation.
As the accounting profession continues to evolve, understanding the implications of digital labor will be
crucial for leveraging technology to enhance efficiency and strategic decision-making. Future research
should focus on the long-term impacts and sustainability of RPA technologies in accounting. Thank you
for your attention.
Question 1:

Audience Question: How do the challenges of RPA implementation, such as data security and resistance
to change, impact its overall effectiveness in accounting firms?

Answer: The challenges of RPA implementation, such as data security and resistance to change, can
significantly impact its effectiveness by potentially slowing down adoption and creating barriers to
successful integration. Firms need to invest in robust security measures and change management
strategies to address these issues. Effective communication and training can help mitigate resistance,
ensuring that employees understand the benefits and are equipped to work with RPA systems.

Question 2:

Audience Question: What are the long-term implications of RPA on job roles within the accounting
profession?

Answer: In the long term, RPA is likely to transform job roles within the accounting profession by
automating routine, repetitive tasks and allowing accountants to focus on higher-level, strategic
activities. This shift could enhance job satisfaction and professional growth, as accountants take on more
analytical and advisory roles. However, it also necessitates ongoing education and skills development to
ensure that professionals can effectively leverage new technologies and add value in their organizations.