A Study of Opportunities and Challenges of Artificial Intelligence in Accounting and Finance
Dr.Dhanashree Sham Deshpande
Associate Professor in Commerce
Smt. Mathubai Garware Kanya
Mahavidyalaya, Sangli
Abstract –
Artificial Intelligence is the most popular concept today. The emergence of Artificial Intelligence has widely affected all the sectors and fields’ .Artificial Intelligence has rapidly changed the Accounting and Finance by making tasks automatic, increasing accuracy and enhancing decision making. Artificial Intelligence creates many opportunities such as efficiency, fraud detection and better client services. At the same time it has certain significant challenges such as ethics, data processing, job displacement, skill requirements and implementation of costs. The present research paper is an attempt to focus on Artificial Intelligence, Accounting and finance, opportunities and challenges created by AI in the field of accounting and finance.
Key Words – Artificial Intelligence, Accounting and Finance, decision making, job displacement, opportunities and challenges.
DOI link – https://doi.org/10.69758/GIMRJ/2509I9VXIIIP0078
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