This paper provides insides on the impact of artificial intelligence and big data on the future of accoutning profession and supply and demand for accounting services. The concepts of artificial intelligence and big data have become very popular in today business environment. Organizations are spending significant resources on creating big data files including large financial and non-financial databases about the organization’s activities. There is software that can read and analyze the data and present the results for decision-making. In this environment, a critical question is whether artificial intelligence and big data concept will replace the accounting function in organizations or strengthen it, as accoutning is a data driven activity. In another word, whether accountants will be replaced by computers and software as computers and software can collect accounting data and prepare accounting reports. Or accountants will have opportunities as a result of artificial intelligence and big data concept. If accountants are going to have new roles in the era of artificial intelligence and big data, what are those roles and how accountants can be prepared for those new roles? This paper discusses these issues and presents major impacts of artificial intelligence and big data on accounting profession, especially how artificial intelligence and big data concept can affect the supply and demand for accounting services. Such discussion could be very helpful for the accounting profession to respond effectively to the new developments and reach an equilibrium for new demands for accounting services.