Intelligent Accounting Information Systems in Corporate Financial Management: Application and Challenges

This study delves into the application and challenges of Intelligent Accounting Information Systems (IAAIS) in corporate financial management. Through literature review, case analysis, and third-party data, this paper reveals how IAAIS enhances the efficiency and effectiveness of corporate financial management through automated accounting processes, real-time financial reporting, budget management, risk control, and cost optimization. It also identifies key challenges in technology integration, management change, data security, staff training, and legal compliance. The research indicates that despite challenges, with appropriate strategies and practices, companies can effectively implement IAAIS to achieve digital transformation in financial management. Additionally, the paper proposes practical, and policy recommendations based on research findings, as well as potential directions for future research.

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Publication Details

Journal
Journal of World Economy
Published
2024-12-01
DOI
https://doi.org/10.56397/jwe.2024.12.10
Citations
1
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.49
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article

Intelligent Accounting Information Systems in Corporate Financial Management: Application and Challenges

Min Liu
1 citations
Journal of World Economy
Impact of AI and Big Data on Business and Society
0.49
article

Intelligent Accounting Information Systems in Corporate Financial Management: Application and Challenges

Min Liu
article en
1 citations

Abstract

This study delves into the application and challenges of Intelligent Accounting Information Systems (IAAIS) in corporate financial management. Through literature review, case analysis, and third-party data, this paper reveals how IAAIS enhances the efficiency and effectiveness of corporate financial management through automated accounting processes, real-time financial reporting, budget management, risk control, and cost optimization. It also identifies key challenges in technology integration, management change, data security, staff training, and legal compliance. The research indicates that despite challenges, with appropriate strategies and practices, companies can effectively implement IAAIS to achieve digital transformation in financial management. Additionally, the paper proposes practical, and policy recommendations based on research findings, as well as potential directions for future research.

Journal of World EconomyVol. 3(4)
Dongfeng Motor Group (China) (CN)
Openalex Percentile: Top 27%
Impact of AI and Big Data on Business and Society
0.49
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