The influence of artificial intelligence and automation on accounting practices

The study examined the influence of artificial intelligence and automation on Accounting Practices. The study adopted a survey research design, and a sample size of 300 which comprises accounting professionals, financial analysts, and corporate decision-makers within the financial sector. The data collected were analysed using 5point Likert scale rating from which the mean result was used to address to the objective of the study. From the data analysis, result showed that AI driven system plays a vital role in enhancing the accuracy of financial data and minimize error in accounting records. It was also found that AI and automation optimize routine accounting task and also reduce fraud and as well strengthening regulatory compliance. Based on these findings, it is recommended that organizations increasingly integrate AI-driven accounting solutions to enhance financial data accuracy and efficiency.