The impact of generative artificial intelligence on accounting: Between risks and future opportunities
Keywords:
Generative Artificial Intelligence, Accounting Process Automation, Technological Challenges, Future of AccountingAbstract
This study explores the impact of generative artificial intelligence on the accounting profession, as it has become a fundamental tool for automating accounting processes such as bookkeeping, financial reporting, and auditing, leading to increased efficiency and reduced human errors. However, its use presents challenges related to redefining the role of accountants and the necessity of acquiring advanced analytical and digital skills. The study examines leading international experiences, such as Deloitte and PwC’s use of AI to enhance auditing processes and EY’s application of AI in fraud detection and financial compliance analysis, which have contributed to greater transparency and accuracy in financial reporting. Additionally, the research discusses future trends in the accounting profession, where accountants are expected to transition from routine tasks to more complex advisory and strategic roles. This shift necessitates a restructuring of educational curricula and professional standards to keep pace with digital transformations and achieve an effective balance between automation and the human element.
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