Research on the Practical Application of Accounting in the Era of Artificial Intelligence

This paper explores the practical application of artificial intelligence (AI) in the field of accounting. It discusses the impact of AI on various accounting tasks, including data input and collection through OCR technology, financial analysis and forecast using AI-assisted tools like Gaodeng Financial AI Assistant, and risk management and audit with AI-based risk assessment tools. While AI enhances accounting efficiency, accuracy, and supervision, it also poses challenges such as job displacement, information security, confidentiality concerns, decision-making limitations, accountability issues, and dependence on technology. The paper highlights the need for accounting professionals to enhance their hard and soft skills, ensure confidentiality, make reasonable use of AI tools, and foster innovation to adapt to the evolving landscape. The study concludes that AI, when used wisely, can be a powerful tool to augment human capabilities in the accounting domain.

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Publication Details

Journal
Financial Strategy and Management Reviews
Published
2025-04-09
DOI
https://doi.org/10.71204/082c7e23
Primary Topic
Medical Research and Treatments
Type
article
Field-Weighted Citation Impact
0.00
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article

Research on the Practical Application of Accounting in the Era of Artificial Intelligence

Jiaqian Xu, B. Zhang
Financial Strategy and Management Reviews
Medical Research and Treatments
article

Research on the Practical Application of Accounting in the Era of Artificial Intelligence

Jiaqian Xu, B. Zhang
article en

Abstract

This paper explores the practical application of artificial intelligence (AI) in the field of accounting. It discusses the impact of AI on various accounting tasks, including data input and collection through OCR technology, financial analysis and forecast using AI-assisted tools like Gaodeng Financial AI Assistant, and risk management and audit with AI-based risk assessment tools. While AI enhances accounting efficiency, accuracy, and supervision, it also poses challenges such as job displacement, information security, confidentiality concerns, decision-making limitations, accountability issues, and dependence on technology. The paper highlights the need for accounting professionals to enhance their hard and soft skills, ensure confidentiality, make reasonable use of AI tools, and foster innovation to adapt to the evolving landscape. The study concludes that AI, when used wisely, can be a powerful tool to augment human capabilities in the accounting domain.

Financial Strategy and Management ReviewsVol. 1(1)
Beijing City University (CN)
Openalex Percentile: Top 88%
Medical Research and Treatments
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Research on the Practical Application of Accounting in the Era of Artificial Intelligence — Jiaqian Xu, B. Zhang · Financial Strategy and Management Reviews (2025) | TGRS Research Map | TGRS