The changing face of accounting
Prospects and issues in the application of artificial intelligence
DOI:
https://doi.org/10.55429/ijabf.v1i1.6Keywords:
Artificial intelligence, e-accounting, accounting, cost-efficient, automationAbstract
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.
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Copyright (c) 2021 Dr. Bikash Kumar Malviya, Dr. Panna Lal
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