PROSPECTS OF IMPLEMENTATION OF ROBOTISATION AND ARTIFICIAL INTELLIGENCE FOR ACCOUNTING OF FINANCIAL OPERATIONS OF THE ENTERPRISE
PROSPECTS OF IMPLEMENTATION OF ROBOTISATION AND ARTIFICIAL INTELLIGENCE FOR ACCOUNTING OF FINANCIAL OPERATIONS OF THE ENTERPRISE

Summary/Abstract: The article considers the need to study the issues of robotic process automation (hereinafter - RPA) and the use of artificial intelligence (hereinafter - AI) in the accounting system for financial (cash) operations. The necessity of using RPA and AI for cash operations through the introduction of robo-cash registers is substantiated. The main tasks and duties that will be performed by the robo-cash register based on RPA and AI, as well as the accountant who will be responsible for this area of accounting, are outlined. Approaches to the technological arrangement of the robo-cash register are disclosed. The prospect of increasing control over financial transactions with the use of AI is revealed due to the possibility of prompt detection of criminal acts and fraudulent schemes, processing of large data sets, the ability of the AI system to update and learn. It is noted that some processes in accounting are quite difficult to automate, because they require a creative approach. The need to make changes to the legal framework in connection with the wide introduction of RPA and AI in the socio-economic development of society, as well as for operations related to cash circulation, is outlined. It is noted that the use of RPA and AI systems is associated with the threat of cyber attacks and requires strengthening of the cyber protection of the entire accounting system of the enterprise, including the financial one. The advantages and disadvantages of using RPA and AI for cash operations are identified. The prospects for the development of the accounting profession and the need for accountants to acquire a new set of skills and competencies to meet today's requirements related to the rapid development of RPA and AI are outlined.

• Details
• Contents