Topic AbstractThis research paper is aimed to study …Keywords: ….1. Introduction.1.1 Statement of the Problem.1.2 Objectives of the study 1.3 Research Questions1.4 Scope of the...

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Impact of Artifical intellignece on Accounting

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Topic Abstract This research paper is aimed to study … Keywords: …. 1. Introduction . 1.1 Statement of the Problem . 1.2 Objectives of the study 1.3 Research Questions 1.4 Scope of the study The aim of this research is to investigate 1.5 Significance of the study 2. Literature Review 3. Research Methodology 3.1 Research Design 3.2 Target Population 3.3 Sampling Design and Sample Size 3.4 Data Collection Instruments 3.5 Instrument Validity and Reliability 4. Data Analysis and Presentation 5. Discussion and Conclusion Discussion Conclusion 6. References
Answered 7 days AfterNov 10, 2022

Answer To: Topic AbstractThis research paper is aimed to study …Keywords: ….1. Introduction.1.1...

Tanmoy answered on Nov 17 2022
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IMPACT OF ARTIFICIAL INTELLIGENCE ON ACCOUNTING
Table of Contents
Abstract    3
Introduction    4
Statement of the Problem    4
Objectives of the study    4
Research Questions    4
Scope of the study    5
Significance of the study    5
Literature Review    5
Research Methodology    6
Research Design    6
Target Population    6
Sampling Design and Sample Size    7
Data Collection Instruments    7
Instrument Validity and Reliability    7
Data Analysis and Presentation    7
Discussion and Conclusion    8
Discussi
on    8
Conclusion    9
References    10
Abstract
This research paper is aimed to study we will analyse the impact of artificial intelligence implementation in the accounting industry and the way it is rapidly transforming the financial organizations and the accounting firms globally. For this we have emphasized on the accounting firms in South East Nigeria and the impact it has on the performance of the professional accountants in the country. There was a study conducted on 193 chartered accountants and management accountants through a structured questionnaire for obtaining the necessary information on the way artificial intelligence have an impact on the accounting system in the states of Anambra and Enugu. It was observed that there was a significant influence and impact on the accounting systems in South East Nigerian accounting firms. Further, the research study concludes that there is requirement of extensive research and knowledge by the accountants and the accounting firms for enhancing the performance of accounting functions by reducing the costs.
Introduction
There is a great change happening with the implementation of artificial intelligence in the field of accounting which resulted in enhancing and restructuring the performance and productivity in this domain. There has been a gamut change discovered in the accounting industry with the introduction of computers thereby replacing the paper works. The introduction of artificial intelligence in the accounting industry have resulted in reduction of time expended on the repetitive works and errors. Through this we will analyse and evaluate the impact of artificial intelligence post its introduction in the accounting firms in Nigeria and the effect it had on the accounting professionals in the country.
Statement of the Problem
The statement of the problem is that if the implementation of artificial intelligence in the field of accounting has reduced the wastage of time which is expended on doing repetitive activities (Sutton et. al., 2016). With the help of this study, we will be able to understand the impact of artificial intelligence along with the challenges and tremendous opportunities which was brought to the accounting industry. There was a similar study conducted in the accounting firms of South East Nigeria. Also, it will help in ascertaining the effect of artificial intelligent application towards enhancing the performance of the accounting firms in South East Nigeria.
Objectives of the study
The objective of the study is thus to understand the impact of artificial intelligence which has led to digitalization in the field of accounting from the perspective of the organization. Further, with the implementation of artificial intelligence in the accounting industry, it helps to determine the benefits which are accessible from these solutions. Also, it acts as a step in providing a guideline to the accounting professionals with respect to the optimum accounting practices and assisting the employees to keep themselves motivated and survive as well as sustain the new working conditions (Chukwudi et.al., 2020).
Research Questions
The research questions will be whether the implementation of artificial intelligence in the field of accounting have resulted in reduction of wastage and errors. Also, it is to recognize whether the implementation of artificial intelligence in the accounting industry helped to automate the entries and the entire system or not? Also, the questions such as the extent to which the artificial intelligence system has impacted the performance of the accounting firms will be answered.
Scope of the study
The aim of this research is to investigate whether the burden on the accountant have reduced due to the introduction of artificial intelligence and consequent automation process and allowed the accounting professionals to focus more on the advisory services by creating values for the clients or not.
Significance of the study
With the help of this study, we can understand the areas of development in the field of accounting and identifying the areas which necessitates improvement for the benefit of the accounting professionals and the clients in South East Nigeria.
Literature Review
It is due to the technological development and the introduction of artificial intelligence in the accounting industry due...
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