Description

Kyelie Baxter shares how AI is changing accounting firm workflows, boosting outputs, and freeing up capacity, while still needing strong guardrails and human judgment.

Summary

In this episode, Kylie Baxter discusses how artificial intelligence is transforming accounting firms, client expectations, and internal workflows, without replacing the human element.

Key discussion points include:

• Kylie’s journey from accountant to firm owner and governance leader
• Volunteering, advisory skills, and building confidence outside the firm
• How AI is being used safely inside an accounting practice
• Setting guardrails and values around AI adoption
• Digitising client admin and finance workflows
• Why accounts payable will become highly automated
• Why payroll still needs strong human involvement
• Paying staff based on outputs, not tools used
• Using AI to reduce mental load and prioritise tasks
• How AI is reshaping the competitive landscape for firms

Key takeaway: AI is a powerful tool for efficiency and capacity, but accountants who apply judgment, governance, and strategy will remain irreplaceable.

Kylie and I were guests of the LYD Unstoppable Growth Conference held at the  JW Marriott Gold Coast Resort & Spa in one of the most amazing places in the world, Surfers Paradise!

LYD stands for Light Year Docs, and it is a platform for creating verified legal documents including companies, trusts and commercial agreements. If that’s of interest to you, I’m sure the team would be happy to speak with you.

Contact details:

Kyelie Baxter : https://www.linkedin.com/in/kyelie-baxter-fcpa-43224334/

IQ Accountants : https://iqaccountants.com.au

Accounting Apps newsletter: http://accountingapps.io/

Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind

LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/

YouTube Channel: https://www.youtube.com/ANISEConsulting

X: https://twitter.com/HeatherSmithAU