APPLICATION OF ARTIFICIAL INTELLIGENCE (AI) IN ACCOUNTING
APPLICATION OF ARTIFICIAL INTELLIGENCE (AI) IN ACCOUNTING

Summary/Abstract: In recent years, technological development and the increasing application of artificial intelligence (AI) have attracted the attention of all professions, including accounting. Trends in the development and application of artificial intelligence in the near future may lead to the shutdown of certain industries, and it also has an impact on the development of the accounting industry. Digitization has imposed rapid changes in the business world. What was once a futuristic idea is now a reality, as a large percentage of companies already use artificial intelligence in at least one of their business functions. Artificial intelligence will not replace accountants, but it will make them more productive, focus more on strategic thinking and solving more complex problems compared to traditional accounting. The subject of research in this paper is the application of artificial intelligence in the accounting profession, and the aim of the research is to point out a new perspective of the development of the accounting profession, and the advantages of the application of artificial intelligence by accountants.

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