The Role of Artificial Intelligence in Modern Accounting Practices

Author(s)	Ms. Sarika Sasidharan, Dr. Ajeeshkumar P A
Country	India
Abstract	Artificial Intelligence (AI) has emerged as one of the most transformative technologies in the accounting profession. By integrating machine learning, natural language processing, robotic process automation, and predictive analytics, AI has significantly improved the efficiency, accuracy, and strategic value of accounting practices. Traditional accounting functions that once relied heavily on manual data entry and repetitive calculations are increasingly being automated, allowing accounting professionals to focus on analytical decision-making, financial planning, and business strategy. This article explores the role of AI in modern accounting, examining its applications, benefits, challenges, ethical considerations, and future prospects. It concludes that AI should be viewed as a complementary technology that enhances, rather than replaces, the professional expertise of accountants.
Keywords	Artificial Intelligence, Accounting, Automation, Machine Learning, Financial Reporting, Auditing, Predictive Analytics, Digital Transformation.
Published In	Volume 8, Issue 4, July-August 2026
Published On	2026-07-29

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