The Impact of Artificial Intelligence on Accounting Information and Reporting for Economic Purposes

Ubesie; Madubuko Cyril PhD; Ugwuta; Emmanuel Emeka; Iloha Eucharia

doi:10.56201/jafm.vol.11.no5.2025.pg219.225

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The Impact of Artificial Intelligence on Accounting Information and Reporting for Economic Purposes

Ubesie, Madubuko Cyril PhD, Ugwuta, Emmanuel Emeka, Iloha Eucharia

Abstract

This study explores the effects of Artificial Intelligence (AI) on accounting information and reporting practices, focusing on its implications for economic decision-making and financial performance. With the increasing adoption of AI in accounting, this research highlights the potential benefits and challenges associated with AI integration. The findings demonstrate that AI can improve the quality and timeliness of financial information, leading to informed decisions and enhanced financial outcomes. However, addressing key challenges, such as data privacy concerns, algorithmic bias, and workforce disruption, is essential for responsible AI adoption and maintaining trust in the accounting profession. The study emphasizes the importance of a responsible approach to AI integration for ensuring long-term prosperity in the accounting and finance industry.

Keywords

Artificial IntelligenceAccounting PracticesEconomic ImplicationsFinancial

References

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The Impact of Artificial Intelligence on Accounting Information and Reporting for Economic Purposes

Abstract

Keywords

References

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