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Artificial Intelligence in Accounting and Finance: Redefining the Landscape – A Critical Review

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Critical review explores AI's role in operational efficiency and ethical concerns in accounting and finance.

AI enhances operational efficiency in accounting and finance, automating traditional practices and decision-making processes.
The integration of AI revealed significant benefits, with improved fraud detection and customer support noted in the analysis.
Case studies highlight the transformative effects of AI applications, emphasizing both advantages and ethical considerations.
Addressing ethical concerns, such as bias and accountability, is essential to fully leverage AI's capabilities in finance.

Shanmugam et al. (2025) studied this question.

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