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In: Accounting

Can AI replace Accoutants in the future? (separate accounting and auditing)

Can AI replace Accoutants in the future? (separate accounting and auditing)

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Articifical Intelligence-It is an area of computer science that emphasizes that creation of intelligent machines that work and react like humans.Some of the activity computers with articifical intelligence are designed for include.

Speech recognition

Learning

Planning

Problem Solving

With the help of AI tasks which are reptative in nature can be automated,it will bring freeup accountants And bookkeepers to spend more time using their professional knowledge to analyze and interpret the data to provide recommendation for their clients.All acounting department and firms willl be forced to adopt machine learing to remain competitive since machine can deliever real time insights,decision abd enchance efficiency.

But AI are not going to replace all human accountants and bookkeepers.Rather than far changes that machine learing will have on accounting task,it is an opportunity for accounting professional tobe excited.THe profession is going tobe more interesting as reptitive task shift to machine.

ekkarill92 answered 1 year ago
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