International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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ROLE OF ARTIFICIAL INTELLIGENCE IN ACCOUNTING SYSTEM

    1 Author(s):  DR.MOHAMMAD ANZAR

Vol -  7, Issue- 4 ,         Page(s) : 104 - 111  (2016 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Artificial Intelligence is now one of the most important Technologies in the world in almost every field. This study tries to emphasis the pivotal role of artificial Intelligence in accounting and its systems to compare the impact on the accounting system before and after its implementation .Accounting tasks involve a wide range of structured, semi-structured and unstructured decisions. This study indicates an impact on various factors that improve productivity and accuracy. In totality, it indicates that AI systems are found to allow the user substantial control of search for solutions of the problems in accounting and take decisions on whether to follow AI systems, increased access to top management, and a decrease for supervision. This study analyses the relative impact of AI on two different types of accounting work: Taxation and Auditing .The results indicate an impact on factors that ultimately improve productivity. Artificial intelligence allows the user the ability to solve various problems, while allowing the user the ability to perform more work. The comparison of taxation and Auditing AI systems indicates that audit systems seem to allow for greater control over search. Taxation seems to allow more work to be done without supervision, make more decisions immediately, and allow the user to make a more decisions.

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