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DIGITAL TRANSFORMATION OF ACCOUNTING AS A RESULT OF THE IMPLEMENTATION OF ARTIFICIAL INTELLIGENCE IN ACCOUNTING

Gabriela Stafie and Veronica Grosu
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Gabriela Stafie: Department of Accounting, Auditing and Finance,Faculty of Economics,Administration and Business,Åžtefan cel Mare University,Suceava,Romania
Veronica Grosu: Department of Accounting, Auditing and Finance,Faculty of Economics,Administration and Business,Åžtefan cel Mare University,Suceava,Romania

Romanian Journal of Economics, 2022, vol. 54, issue 1(63), 95-112

Abstract: Today's accounting is the consequence of a long historical process characterized by a series of transformations caused by technological progress. The accounting system has been marked by a series of changes over time, and the digital age has imposed the least possible use of the traditional accounting system, generating beneficial improvements in the field of accounting. The main objective of the paper is the analysis of the current debates on the digital transformation of accounting, by reviewing the recent literature. When processing the data we used the Web of Science (WoS) and Scopus platforms. The obtained results illustrate that the penetration of technologies based on artificial intelligence in accounting, such as expert systems, automation of processes through robotics or blockchain, can add value to accounting activities by reducing errors and increasing the efficiency of accounting and financial processes.

Keywords: digital accounting; process automation through robotics; artificial intelligence; blockchain (search for similar items in EconPapers)
JEL-codes: M40 M41 M48 (search for similar items in EconPapers)
Date: 2022
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