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Transforming The Landscape Of The Emerging Accounting Profession After Artificial Intelligence (Ai) Disruption

Author

Listed:
  • Liza Alvia

    (Accounting Department, Lampung University, Indonesia)

  • Mahdiyyan Fadillah

    (Accounting Department, Lampung University, Indonesia)

  • Rinaldi Kartobi

    (Accounting Department, Lampung University, Indonesia Author-Name Syartika Putri Hermalia
    Accounting Department, Lampung University, Indonesia Author-Name Rayhana Qurrota Aini
    Accounting Department, Lampung University, Indonesia Author-Name Dwi Nuryanti Kharisma
    Accounting Department, Lampung University, Indonesia)

Abstract

The evolution of technology from the 4.0 to the 5.0 revolution poses a threat to their professions. According to KPMG’s 2018 data, Artificial Intelligence (AI) stands poised to replace accountants in the foreseeable future. The advent of AI brings about considerable disruption for emerging accountants. This study endeavours to explore the possibility of AI supplanting the accounting profession and the readiness of young accountants to face these threats. Employing a literature review method anchored in netnography, the research draws upon prior studies and online sources. The results show that AI The results show that AI is developing tremendously in various forms and provides smart alternatives in completing accountant tasks. The success of AI disruption is demonstrated by the extent of AI disruption in all areas of the accounting profession i.e. financial accounting, management accounting, and public accounting. Ultimately, this research contributes to fostering awareness to young accountants for being ready in facing AI disruption.

Suggested Citation

  • Liza Alvia & Mahdiyyan Fadillah & Rinaldi Kartobi, 2024. "Transforming The Landscape Of The Emerging Accounting Profession After Artificial Intelligence (Ai) Disruption," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 23(2), pages 3-12.
    • Handle: RePEc:pts:journl:y:2024:i::p2:3-12
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    References listed on IDEAS

    as
    1. Susanne Leitner-Hanetseder & Othmar M. Lehner & Christoph Eisl & Carina Forstenlechner, 2021. "A profession in transition: actors, tasks and roles in AI-based accounting," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 22(3), pages 539-556, February.
    2. repec:eme:jaar00:jaar-10-2020-0201 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    artificial intelligence (AI); accounting profession; industrial revolution.;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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