Integration of Artificial Intelligence Technology in Management Accounting Information System: An Empirical Study

Emon Kalyan Chowdhury
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Emon Kalyan Chowdhury: CIU Business School, Chittagong Independent University

A chapter in Novel Financial Applications of Machine Learning and Deep Learning, 2023, pp 35-46 from Springer

Abstract: Abstract At present, most of the business organizations take their management decisions using traditional approach. In the traditional approach, the freedom to be flexible is limited due to numerous assumptions. This paper aims to establish an artificial neural network-based model to predict management information and verify the accuracy of the model using some real data. The proposed model covers five dimensions, namely, accounting analysis management system, accounting decision support system, performance management information system, risk management information system, and environmental management information system. It is observed that the proposed model can predict the management accounting information by 98.83%, which is extremely good and meets the accounting information requirement.

Keywords: Artificial intelligence; Machine learning; Management accounting; Information system; Neural network (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-031-18552-6_3

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DOI: 10.1007/978-3-031-18552-6_3

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