Kuala lumpur: The accounting profession must never succumb to automation alone, but must instead be strengthened with human integrity, wisdom, and moral considerations, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He emphasized that while technologies such as artificial intelligence (AI), blockchain, and big data are now capable of generating financial reports, detecting suspicious transactions, and interpreting data with high accuracy, the foundation of the profession remains rooted in human values.

According to BERNAMA News Agency, Fadillah highlighted that technology is just a tool, and its benefits depend on the integrity, intention, and wisdom of accountants who shoulder the trust of ensuring fairness, transparency, and accountability in every report. He stated, "As sophisticated as AI is, it cannot replace human wisdom, honesty, judgment, moral values, and the wisdom of professional accountants. Accountants who master technology without neglecting integrity will remain relevant and become the country's main asset."

Addressing the National Accountants Convention 4.0 (KAN 4.0), which was also attended by the president of the Association of Malay Chartered Accountants (AMCAF), Mohd Nasri Ismail, Fadillah stressed that the accounting profession is not just about managing numbers but about building confidence, stability, and trust in society and the country. He explained that the rapidly changing accounting landscape necessitates a more strategic role for accountants, transforming them from mere record-keepers to drivers of critical organizational decisions.

Furthermore, Fadillah noted the necessity for the profession to be empowered to face global risks, economic uncertainties, and increasingly complex technological transformations. He emphasized that today's assessment of organizational success is not solely profit-oriented but also considers the impact on society and the environment through Environmental, Social, and Governance (ESG) compliance.

In this regard, he acknowledged the vital role accountants play as guardians of values, ensuring ESG reporting and monitoring are conducted transparently and consistently in line with the aspirations of MADANI Malaysia. Fadillah concluded by asserting, "With integrity and determination, the good we build through ESG will continue to grow the country's prosperity. A strong accounting profession will contribute to a stable and competitive country."