Electronic Resource

Article - THE IMPACT OF ARTIFICIAL INTELLIGENCE ON ACCOUNTING PRACTICES: ADVANCEMENTS, CHALLENGES, AND OPPORTUNITIES Volume 6, Issue 4, P.No.1200-1210

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This paper explores the multifaceted impact of Artificial Intelligence (AI) on accounting
practices, addressing key dimensions of advancements, challenges, and opportunities. The
definition of AI in accounting is established, tracing its historical context. Advancements are
detailed, encompassing the automation of routine tasks, predictive analytics, and fraud
detection. Challenges in implementation, including data quality issues, workforce adaptation,
and ethical considerations, are discussed. Opportunities arising from AI integration, such as
enhanced decision-making, cost reduction, and strategic financial management, are highlighted
through case studies. The evolving role of accountants in the AI era is examined, emphasizing
a shift towards strategic interpretation and decision-making. Future trends, including the
integration of AI with emerging technologies, continued advancements in machine learning,
and regulatory implications, are explored. The conclusion recaps key advancements,
challenges, and opportunities, envisioning a future where AI and accountants collaborate to
shape a dynamic and resilient landscape for accounting practices..

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

657.0285 ADE i

Penerbit

: Fellowship of English Language and Literature (FEPL)., 2024

Deskripsi Fisik

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Bahasa

English

ISBN/ISSN

2664-3596

Klasifikasi

657.0285 ADE i

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

Volume 6, Issue 4, P.No.1200-1210

Subjek

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Info Detail Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

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