The impact of the Artificial Intelligence on the accounting profession, a literature’s assessment
Stancu Mirela Simina () and
Duţescu Adriana ()
Additional contact information
Stancu Mirela Simina: Bucharest University of Economic Studies, Bucharest, Romania
Duţescu Adriana: Bucharest University of Economic Studies, Bucharest, Romania
Proceedings of the International Conference on Business Excellence, 2021, vol. 15, issue 1, 749-758
Abstract:
Artificial Intelligence is changing the reality of the accounting field, on a rapid way, due to the benefit of improving and reshaping the actual way of performing activities on this domain. Over the years accounting has changed significantly by replacing the work with paper and pencil first with computers, but more importantly with programmes able to decrease time spend on repetitive work that reduce the amount of errors. The interest on Artificial Intelligence solutions in this domain is not new but on the last years researchers become more focused on it. Despite the material progress there seems to be not enough data to support companies’ willingness to embed Artificial Intelligence solutions into their accounting activities. Also, an important aspect of this reality is the capability of experts to adapt faster to the new status quo and to acquire the necessary skills to be able to work with Artificial Intelligence solutions and to overcome the fear of losing their jobs. This paper is focusing on understanding the impact of Artificial Intelligence solution in accounting by conducting a qualitative research based on relevant literature review, of the last years. This paper is highlighting the potential changes Artificial Intelligence can bring to the accounting jobs and the necessary steps to be taken in order to prepare for the new jobs, in which Artificial Intelligence solutions will be more present.
Keywords: Artificial Intelligence; Accounting profession; Accounting education; Digitalization (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://doi.org/10.2478/picbe-2021-0070 (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:vrs:poicbe:v:15:y:2021:i:1:p:749-758:n:20
DOI: 10.2478/picbe-2021-0070
Access Statistics for this article
Proceedings of the International Conference on Business Excellence is currently edited by Alina Mihaela Dima
More articles in Proceedings of the International Conference on Business Excellence from Sciendo
Bibliographic data for series maintained by Peter Golla ().