Artificial Intelligence in Accounting and Finance: Meta-Analysis
Abstract The use of the traditional system is declined greatly and with a modernization of the accounting and finance process there have been a great deal of change, and these improvements are beneficial to the accounting and finance industry. Adopting Artificial Intelligence applications su...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
National University of Sciences and Technology, Islamabad
2023-11-01
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| Series: | NUST Business Review |
| Subjects: | |
| Online Access: | https://nbr.nust.edu.pk/index.php/nbr/article/view/29 |
| Summary: | Abstract
The use of the traditional system is declined greatly and with a modernization of the accounting and finance process there have been a great deal of change, and these improvements are beneficial to the accounting and finance industry. Adopting Artificial Intelligence applications such as Expert systems for audit and tax, Intelligent Agents for customer service, Machine Learning for decision making, etc. can lead a great benefit by reducing errors and increasing the efficiency of the accounting and finance processes. To keep ensuring a transparent and replicable process, we have conducted a meta-analysis. The database search was between the years 1989-2020 and reviewed 150 research papers. As meta-analysis results show, the majority of researches illustrate a positive effect of the impact of AI systems in the accounting and finance process. |
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| ISSN: | 2707-6598 2707-6601 |