IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 8 NO. 7 2022
DOI: https://doi.org/10.56201/jafm.v8.no7.2022.pg1.9

---

Artificial Intelligence in Financial Management and Accounting Profession

Prof. Ubesie, M.C., Ossai Edwin Paullinus & Augustine Onyekachi Ogbu

---

Abstract

In this work, artificial intelligence as a veritable tool in the deployment of financial management services by accounting professionals was studied. Extensive literature analysis with a robust constructive discussion was used to x-ray the impact artificial intelligence is having in financial management and accounting profession. The outcome of the discussions revealed that artificial intelligence has created sustainable financial productivity and more employment opportunities for the engagement of accounting professionals in providing cutting edge solutions in the delivery of quality financial services in different organizations.

keywords:

artificial intelligence, financial management, accounting profession, etc.

---

References:

Al Ameri, M.A and Nobanee, H. (2021). Artificial Intelligence and Financial Management.
Research Gate; https://www.researchgate.net/publication/355118560.
Agnew, H. (2016). Auditing: Pitch battle. Financial Times (May 9). Available at:
https://www.ft.com/content/268637f6-15c8-11e6-9d98- 00386a18e39d.
Attaran, M. (2004). Exploring the relationship between information technology and business
process reengineering %J Inf. Manage. 41(5), 585-596. doi:10.1016/s0378-
7206(03)00098-3
Babel, B., Buehler, K., Pivonka, A., Richardson, B., & Waldron, D. (2019). Derisking machine
learning and artificial intelligence. McKinsey Quarterly. Business Technology Office.
Baldwin, A.A, Brown, C.E & Trinkle, B.S. (2006). „Opportunities for Artificial Intelligence
Development in the Accounting Domain: The Case for Auditing?, Intelligent Systems in
Accounting, Finance and management, vol. 14, pp. 77-86.
Dilek S, Çak?r H, Ayd?n M. (2015). Applications of Artificial Intelligence Techniques to
Combating Cyber-Crimes: A Review. International Journal of Artificial Intelligence &
Applications (IJAIA); 6 (1).
Donepudi, P.K, Banu, H, Khan, W, Neogy, T.K, Asadullah, A.B.M, Ahmed, A.A. (2020).
Artificial Intelligence and Machine Learning in Treasury Management: A Systematic
Literature Review. International Journal of Management (IJM) 11(11), pp. 13-22.
Donepudi, P. K. (2017). AI and Machine Learning in Banking: A Systematic Literature
Review. Asian Journal of Applied Science and Engineering, 6(3), 157–162.
Elaine R.(2000). Overview of AI and its Application Area. (Retrieved on 20/09/2017)
Available:http://members.90n.at/frankstein/ frankeinstein-novelhtm.
FSB. (2017). Artificial intelligence and machine learning in financial services
Marketdevelopments and financial stability implications; 2017. (Retrieved on
13/11/2017) Available:http://www.fsb.org/terms_conditions
Geetha, S.N., Vimala, K.:(2012). Study on artificial intelligence and investment decision. Rev.
Psychol. Front. 1, 14–18.
Giudici, P. (2018). Fintech Risk Management: A Research Challenge for Artificial Intelligence
in Finance. Frontiers in Artificial Intelligence, 1, 1.
Greenman, C. (2017). Exploring the Impact of Artificial Intelligence on the Accounting
Profession. Journal of Research in Business, Economics and Management (JRBEM).
Griffin O. (2016). How Artificial Intelligence Will Impact Accounting. Economia

DOWNLOAD PDF

---

Back