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Integration of Artificial Intelligence Technology in Management Accounting Information System: An Empirical Study

In: Novel Financial Applications of Machine Learning and Deep Learning

Author

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  • Emon Kalyan Chowdhury

    (CIU Business School, Chittagong Independent University)

Abstract

At present, most of the business organizations take their management decisions using traditional approach. In the traditional approach, the freedom to be flexible is limited due to numerous assumptions. This paper aims to establish an artificial neural network-based model to predict management information and verify the accuracy of the model using some real data. The proposed model covers five dimensions, namely, accounting analysis management system, accounting decision support system, performance management information system, risk management information system, and environmental management information system. It is observed that the proposed model can predict the management accounting information by 98.83%, which is extremely good and meets the accounting information requirement.

Suggested Citation

  • Emon Kalyan Chowdhury, 2023. "Integration of Artificial Intelligence Technology in Management Accounting Information System: An Empirical Study," International Series in Operations Research & Management Science, in: Mohammad Zoynul Abedin & Petr Hajek (ed.), Novel Financial Applications of Machine Learning and Deep Learning, pages 35-46, Springer.
    • Handle: RePEc:spr:isochp:978-3-031-18552-6_3
    DOI: 10.1007/978-3-031-18552-6_3
    as

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