The changing face of accounting

Bikash Kumar Malviya () and Panna Lal ()

International Journal of Accounting, Business and Finance, 2021, vol. 1, issue 1, 1-7

Abstract: Artificial intelligence (AI) has penetrated every part of business, and accounting has changed from e-accounting to AI-enabled accounting. AI opens the door to many competitive edges, whether collecting and analyzing financial data or various real-time data, including those from social networks, videos, images, geological locations, etc. AI is adaptive to the work environment, and its infusion is expected to expand its spider-web in almost every industry. This study aims to discuss AI in accounting while discussing the prospects and issues in applying AI. It also discusses some of the popular AI-based programs available for accounting.

Keywords: Artificial intelligence; e-accounting; accounting; cost-efficient; automation (search for similar items in EconPapers)
Date: 2021
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