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June 20, 2026Open Access

AI in Accounting and Finance: Transforming Reporting, Risk and decision making.

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Authors

PWPallavi Navjeevan Wadkar

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Overview

Research explores how AI transforms reporting and risk management in organizations, highlighting benefits and challenges.

Key Points

  • The study aims to explore the impact of AI technologies on accounting and finance functions, including their benefits and limitations.
  • Examination of various AI technologies such as machine learning, natural language processing, and robotic process automation.
  • Analysis of the ethical and legal concerns related to AI implementation in accounting and finance.
  • Discussion of governance requirements and emerging developments in AI applications.
  • AI applications enhance accuracy in identifying financial irregularities and support predictive decision-making.
  • Substantial value from AI implementation is evident when strong controls and reliable data are utilized.
  • Ethical issues such as transparency, bias, and data privacy remain critical challenges that need addressing.

Cite This Study

Pallavi Navjeevan Wadkar (2026) studied this question.

synapsesocial.com/papers/6a363172db0793dc1a538448https://doi.org/10.5281/zenodo.18537983
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Also Consider

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  1. 1Influence and Applications of AI in Accounting and Audit Practice2025
  2. 2Artificial Intelligence and Accounting Practices:An Analytical Study of Financial Reporting, Auditing and Professional Transformation2026
  3. 3Artificial Intelligence in Accounting and Finance: Redefining the Landscape – A Critical Review2025
  4. 4Impact of Artificial Intelligence on Modern Accounting Practices2025
  5. 5Implementation of Artificial Intelligence in Financial Reporting2025