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The changing face of accounting

Author

Listed:
  • Bikash Kumar Malviya
  • Panna Lal

Abstract

Artificial intelligence (AI) has penetrated every part of business, and accounting has changed from e-accounting to AI-enabled accounting. AI opens the door to many competitive edges, whether collecting and analyzing financial data or various real-time data, including those from social networks, videos, images, geological locations, etc. AI is adaptive to the work environment, and its infusion is expected to expand its spider-web in almost every industry. This study aims to discuss AI in accounting while discussing the prospects and issues in applying AI. It also discusses some of the popular AI-based programs available for accounting.

Suggested Citation

Handle: RePEc:dbs:ijabfi:v:1:y:2021:i:1:p:1-7:id:6
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File URL: https://www.ijabf.in/index.php/IJABF/article/view/6
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