aceARTIFICIAL INTELLIGENCE IN ACCOUNTING AND AUDITING: TRANSFORMING FINANCIAL DECISION-MAKING AND PROFESSIONAL PRACTICES
Abstract: The emergence of Artificial Intelligence (AI) has significantly transformed accounting and auditing practices across organizations worldwide. The increasing availability of financial data, advancements in machine learning algorithms, and the demand for real-time financial information have accelerated the adoption of AI-driven technologies in accounting and auditing functions. Traditional accounting systems primarily relied on manual data processing and periodic reporting, whereas AI enables continuous…
AI-driven tools in auditing can improve fraud detection, risk assessment, and anomaly identification by automatically analyzing large volumes of financial data, supporting efficiency and accuracy.
AI adoption in accounting and auditing raises concerns about data privacy, algorithmic bias, transparency, ethical accountability, and workforce readiness.
The study is conceptual and based on a literature and professional report review, so it does not provide original empirical measurement of AI's effects in accounting or auditing firms.
Evidence
- Peer-reviewedRCHUB JOURNAL OF CONTEMPORARY TRENDS IN MANAGEMENT COMMERCE AND ECONOMICS (JCMCE)2026-10-13
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Truvace Impact Record TRV-2026-1777, v1: “ARTIFICIAL INTELLIGENCE IN ACCOUNTING AND AUDITING: TRANSFORMING FINANCIAL DECISION-MAKING AND PROFESSIONAL PRACTICES.” Truvace, 2026-10-18. /record/TRV-2026-1777 (accessed at citation time). sha256 5646b367ee404d49…
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