How AI Is Changing the Future of Accounting | AI Investment Fund NZ
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Craig Nevatt from DNA Accountants joins us to discuss the firm’s winning AI initiative through the AI Investment NZ fund.With $20,000 in funding, DNA Accountants is developing an AI-powered review assistant designed to identify inconsistencies, omissions and errors in accounts, tax returns and supporting documents before they reach a manager for formal review.The potential impact is significant: saving 30–45 minutes per engagement, reducing rework, improving turnaround times and creating more space for accountants to focus on strategic advice and client relationships.Craig also shares his thoughts on AI adoption, changing hiring priorities, the future of accounting and why curiosity, empathy and commercial thinking will become increasingly important skills.Chapters:00:00 Introducing DNA Accountants and the AI initiative01:32 Craig’s background and the growth of the business04:17 DNA Accountants’ ideal clients05:47 The current review process08:00 How AI can reduce rework and double handling09:01 Measuring the return on investment11:23 Driving AI adoption across the team15:45 The changing skills required in accounting18:24 How AI is reshaping the profession20:14 The 12-month vision for DNA Accountants23:48 The next opportunities for AI in accounting25:53 Data intelligence, security and the future26:48 Closing thoughts#AI #ArtificialIntelligence #Accounting #Automation #NewZealandBusiness #FutureOfWorkSubscribe for more conversations about AI, business transformation and the future of work.