AI in Accounting Automation Predictive Analytics Fraud Detection Financial Management

  • Unique Paper ID: 173481
  • Volume: 11
  • Issue: 10
  • PageNo: 682-685
  • Abstract:
  • Artificial Intelligence has made a significant impact in the world of finance and accounting. AI-based tools empower enterprises to reconcile financial activities quickly..Accounting, classified as an information system, today in our world is aligned with information technology to expand its productivity capabilities [1]. Accountants are required to enhance the efficiency and productivity of their duties and functions as providers of information. The advancement of technology has led to changes in accounting processes, making tasks more manageable. The accounting field has been transformed due to the progress in accounting software, information technology, and the latest developments in artificial intelligence. The impact of information technology extends beyond accounting practice, influencing students, organizations, and regulatory bodies involved in accounting through the utilization of digital systems, knowledge of information systems and technologies, and their integration into accounting education. Students will enhance their comprehension and practical skills in utilizing technology for the accounting industry. Investigation examines how accounting information systems (AIS) can benefit from AI to boost AIS's use of AI improves financial management by processing large amounts of data. This paper explores the transformative role of AI in accounting and finance, examining its applications, benefits, challenges, and future prospects. Through the integration of AI technologies, organizations can streamline operations, improve accuracy, mitigate risks, and drive strategic insights. However, this paradigm shift also presents challenges such as data privacy concerns, ethical implications, and the need for up skilling. By addressing these challenges and embracing AI-driven innovations, accounting and finance professionals can unlock new opportunities for growth and efficiency in the digital age [2].

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{173481,
        author = {Sameer KP},
        title = {AI in Accounting Automation Predictive Analytics Fraud Detection Financial Management},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {10},
        pages = {682-685},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=173481},
        abstract = {Artificial Intelligence has made a significant impact in the world of finance and accounting. AI-based tools empower enterprises to reconcile financial activities quickly..Accounting, classified as an information system, today in our world is aligned with information technology to expand its productivity capabilities [1]. Accountants are required to enhance the efficiency and productivity of their duties and functions as providers of information. The advancement of technology has led to changes in accounting processes, making tasks more manageable. The accounting field has been transformed due to the progress in accounting software, information technology, and the latest developments in artificial intelligence. The impact of information technology extends beyond accounting practice, influencing students, organizations, and regulatory bodies involved in accounting through the utilization of digital systems, knowledge of information systems and technologies, and their integration into accounting education. Students will enhance their comprehension and practical skills in utilizing technology for the accounting industry. Investigation examines how accounting information systems (AIS) can benefit from AI to boost AIS's use of AI improves financial management by processing large amounts of data. This paper explores the transformative role of AI in accounting and finance, examining its applications, benefits, challenges, and future prospects. Through the integration of AI technologies, organizations can streamline operations, improve accuracy, mitigate risks, and drive strategic insights. However, this paradigm shift also presents challenges such as data privacy concerns, ethical implications, and the need for up skilling. By addressing these challenges and embracing AI-driven innovations, accounting and finance professionals can unlock new opportunities for growth and efficiency in the digital age [2].},
        keywords = {AI in Accounting, Automation, Predictive Analytics, Fraud Detection, Financial Management},
        month = {March},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 10
  • PageNo: 682-685

AI in Accounting Automation Predictive Analytics Fraud Detection Financial Management

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