Artificial Intelligence in the Accounting of International Busi-nesses: A Perception-Based Approach

Viorel-Costin Banța, Sînziana-Maria Rîndașu, Anca Tănasie and Dorian Cojocaru
Additional contact information
Viorel-Costin Banța: Management Information Systems Department, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, 010374 Bucharest, Romania
Sînziana-Maria Rîndașu: Management Information Systems Department, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, 010374 Bucharest, Romania
Anca Tănasie: Department of Economics, Accounting and International Business, Faculty of Economics and Business Administration, University of Craiova, 200585 Craiova, Romania
Dorian Cojocaru: Mechatronics and Robotics Department, Faculty of Automation, Computers and Electronics, University of Craiova, 200585 Craiova, Romania

Sustainability, 2022, vol. 14, issue 11, 1-12

Abstract: Do accountants clearly understand the benefits and challenges of using AI? Do they perceive AI as a threat? The adoption of AI in the accounting field has increased significantly in the last few years. Since the techniques continue to evolve, more companies will integrate these solutions to facilitate the accounting processes. Therefore, the accountants’ skills should be adapted to efficiently use these solutions and continue to provide valuable support. This study explores the perception of accounting practitioners regarding the most important benefits and challenges of using AI-based technologies and analyses whether AI is being perceived as a threat that might impact employability. The data were collected during June–August 2021 using a questionnaire addressed to accounting practitioners from Romania. The exploratory research was conducted by statistically analysing the data collected. The results highlight that the practitioners have a clear understanding regarding the main benefits and challenges associated with the use of AI-based solutions in accounting processes, and AI is not perceived as a threat to employability; however, practitioners acknowledge that skills transformation is required and are willing to undergo the changes. By providing a glimpse of the main drivers that encourage accounting practitioners to embrace AI, employers, professional bodies and academia can address the main concerns and continue to support the practitioners in adapting their skills.

Keywords: artificial intelligence; accounting; skills transformation; employability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/11/6632/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/11/6632/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:11:p:6632-:d:826696

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().