Year: 2025
Type: article
Abstract: This paper explores the practical application of artificial intelligence (AI) in the field of accounting. It discusses the impact of AI on various accounting tasks, including data input and collection through OCR technology, financial analysis and forecast using AI-assisted tools like Gaodeng Financial AI Assistant, and risk management and audit with AI-based risk assessment tools. While AI enhances accounting efficiency, accuracy, and supervision, it also poses challenges such as job displacement, information security, confidentiality concerns, decision-making limitations, accountability issues, and dependence on technology. The paper highlights the need for accounting professionals to enhance their hard and soft skills, ensure confidentiality, make reasonable use of AI tools, and foster innovation to adapt to the evolving landscape. The study concludes that AI, when used wisely, can be a powerful tool to augment human capabilities in the accounting domain.
DOI: 10.71204/082c7e23
Authors: Boyue Zhang, JiaYin Xu
Institution: Beijing City University
Language: English
Subfield: Industrial and Manufacturing Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4409657839