The Transformative Impact of Artificial Intelligence and Information Technology on the Accounting Profession

Abdul Haleem Hussain Ahmed

Authors

Abdul Haleem Hussain Ahmed Mansoura University, Egypt Author

Keywords:

Artificial Intelligence, Accounting Technology, Information Systems, Automation in Accounting, Technological Advancements in Accounting

Abstract

Technological advancements have significantly enhanced the efficiency and effectiveness of various activities. In the accounting sector, the integration of information technology has revolutionized the way transactions and activities are conducted. Once reliant on paper and manual balancing, accounting processes are now largely electronic, enabling a wide range of functions across diverse sectors. Today, accounting is recognized as an information system that has expanded its capabilities through alignment with information technologies.

For accountants, as providers of critical information, there is a growing need to enhance the effectiveness and productivity of their tasks and operations. Over time, technological changes have simplified many accounting activities and tasks. The profession has been transformed by the advent of accounting software, information technologies, and recent developments in artificial intelligence.

The benefits of information technology extend beyond professional practice. Students, professional bodies, and administrative personnel in the accounting field have also experienced substantial impacts. These include a strengthened proficiency in digital systems, a deeper understanding of information systems and technology, and their application in accounting education. As a result, students are better equipped to understand and practically apply technology in their future accounting careers.

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