The Future of Artificial Intelligence in Accounting

The business landscape is being reshaped by artificial intelligence’s (AI) process automation and data aggregation. The consequence of this change is in accounting, where concerns about the unlimited use of automated processes are widespread. The paper aimed to comprehensively examine current trends and forecasts and to analyze the potential impact of these technologies on various areas of human activity and social processes. AI rapidly advances, offering opportunities for improved production, quality of life, and problem-solving. AI-powered systems can settle complex problems autonomously. Formulating and testing hypotheses, logical reasoning, and content analysis are foundational to major research methods . This allows to accumulate analytical material and review all the information collected during the research. The paper examines AI’s strengths and weaknesses to highlight its similarities and differences in human intelligence. The author explores AI’s history to set the stage for a discussion of its future effects on accounting. Also, the author analyzes these publications to predict the future of accounting in an AI-driven workplace. Artificial intelligence cannot easily replace human qualities. This study’s results , accessible to a broad audience, reveal that AI’s impact on accounting extends beyond automation and efficiency gains to a fundamental reshaping of the accountant’s organizational function. Professionals ready for a rapidly changing digital world will find new opportunities here.

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Publication Details

Journal
Accounting Analysis Auditing
Published
2025-02-10
DOI
https://doi.org/10.26794/2408-9303-2024-11-6-24-33
Citations
1
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
2.11
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article

The Future of Artificial Intelligence in Accounting

Natalia Nikiforova
1 citations
Accounting Analysis Auditing
Impact of AI and Big Data on Business and Society
2.11
article

The Future of Artificial Intelligence in Accounting

Natalia Nikiforova
article en
1 citations

Abstract

The business landscape is being reshaped by artificial intelligence’s (AI) process automation and data aggregation. The consequence of this change is in accounting, where concerns about the unlimited use of automated processes are widespread. The paper aimed to comprehensively examine current trends and forecasts and to analyze the potential impact of these technologies on various areas of human activity and social processes. AI rapidly advances, offering opportunities for improved production, quality of life, and problem-solving. AI-powered systems can settle complex problems autonomously. Formulating and testing hypotheses, logical reasoning, and content analysis are foundational to major research methods . This allows to accumulate analytical material and review all the information collected during the research. The paper examines AI’s strengths and weaknesses to highlight its similarities and differences in human intelligence. The author explores AI’s history to set the stage for a discussion of its future effects on accounting. Also, the author analyzes these publications to predict the future of accounting in an AI-driven workplace. Artificial intelligence cannot easily replace human qualities. This study’s results , accessible to a broad audience, reveal that AI’s impact on accounting extends beyond automation and efficiency gains to a fundamental reshaping of the accountant’s organizational function. Professionals ready for a rapidly changing digital world will find new opportunities here.

Accounting Analysis AuditingVol. 11(6)
Financial University (RU)
Openalex Percentile: Top 16%
Impact of AI and Big Data on Business and Society
2.11
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