Artificial Intelligence in Financial Management and Accounting Profession
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
