Abstract The integration of Artificial Intelligence (AI) into accounting practices has significantly transformed the financial landscape in India. This study examines the impact of AI-driven technologies on traditional accounting functions, highlighting how automation, data analytics, and machine learning are reshaping the profession. The research focuses on the transition from manual accounting systems to intelligent, technology-driven processes that enhance efficiency, accuracy, and decision-making. The study adopts a descriptive and exploratory approach, relying on secondary data collected from academic journals, industry reports, and digital sources. It explores key areas where AI is influencing accounting practices, including auditing, taxation, financial reporting, and fraud detection. The role of AI-powered tools in reducing human errors and improving operational efficiency is also analyzed. The findings reveal that AI has the potential to revolutionize accounting by minimizing repetitive tasks, enabling real-time data processing, and providing predictive insights. However, challenges such as lack of technical expertise, high implementation costs, and concerns regarding data security continue to affect its adoption. The study concludes that while AI presents significant opportunities for the accounting profession in India, there is a need for skill development, regulatory support, and technological readiness to fully leverage its benefits.
Stanly et al. (Thu,) studied this question.