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A STUDY ON EMERGING TECHNOLOGY SUCH AS ARTIFICIAL INTELLIGENCE AND ITS POTENTIAL IMPACT ON ACCOUNTING

      Swati Tandon      

                                                                      (MBA Student)                                                                                                                     Amity University, Raipur, (C.G)

 Sucheta Panda    

(Associate Professor)

Amity University, Raipur (C.G)

ABSTRACT

Accountants can benefit greatly from artificial intelligence in terms of increased productivity, increased intellect and increased value to the business. Through operational efficiencies and cost savings, the system is tangibly replacing essential human functions, raising the stakes for much more radical change. Artificial intelligence has advanced dramatically in recent years, particularly in the field of accounting, where computer input has replaced paper and pencil. The most worrying aspect of AI, however, is that people tend to assume they understand it too soon. Using secondary data, this research study aims to investigate how artificial intelligence affects the performance of accounting operations. The study highlights how artificial intelligence is being used to boast performance.

Keywords: Artificial intelligence; Accounting profession; Impact; Technology; Audit.