The emergence of Artificial Intelligence (AI) has brought remarkable changes in the way modern organizations operate and manage their financial activities. Accounting, which was traditionally dependent on manual procedures and human judgment, is now experiencing a gradual shift towards intelligent and automated systems. Artificial Intelligence enables accounting professionals to process large volumes of financial data with greater speed, accuracy, and reliability, thereby improving the overall quality of financial information. This research paper aims to examine the growing application of Artificial Intelligence in accounting practices, with special reference to financial reporting, auditing functions, and the changing role of accounting professionals. The study also attempts to highlight the advantages and limitations of AI-based accounting systems in the contemporary business environment. The paper is based on secondary data collected from academic literature, professional reports, and accounting bodies. The study concludes that Artificial Intelligence does not replace accountants but enhances their analytical, interpretative, and advisory capabilities. When used responsibly, AI supports better managerial decision-making, strengthens financial control, and contributes to transparency and efficiency in accounting practices.
Mr. Aditya Shridhar Bille (2026) studied this question.