The influence of AI on the accounting and finance sector and its implications
This research investigates into the potential benefits and obstacles associated with integrating AI, specifically ChatGPT, into the realm of accounting and finance professionals. The article is based on the literature review. The results shows that just as technology has transfigured various industr...
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| Format: | Book Section |
| Language: | English |
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IGI Global
2024
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| Online Access: | https://repository.londonmet.ac.uk/9778/1/The-Influence-of-AI-on-the-Accounting-and-Finance-Sector-and-Its-Implications.pdf |
| _version_ | 1824446496174505984 |
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| author | Segura, Liliane Cristina Naser, Abu Abreu, Rute |
| author2 | Bataglia, Walter |
| author_facet | Bataglia, Walter Segura, Liliane Cristina Naser, Abu Abreu, Rute |
| author_sort | Segura, Liliane Cristina |
| collection | LMU |
| description | This research investigates into the potential benefits and obstacles associated with integrating AI, specifically ChatGPT, into the realm of accounting and finance professionals. The article is based on the literature review. The results shows that just as technology has transfigured various industries, it has similarly impacted accounting and finance. ChatGPT, an advanced language model created by OpenAI, has the capability to transform the working methods of accountants, offering enhanced efficiency, heightened productivity, and valuable insights. Ethical dilemmas extend to the prospect of generative AI supplanting human creativity and labour, as well as the potential infringement upon intellectual property rights. This study offers an exhaustive investigation of the advantages and challenges posed by AI, particularly ChatGPT, robotic process automation (RPA) in the area of accounting and finance professionals. It imparts valuable insights and suggestions for the effective integration of this technology into the domains of accounting and finance. |
| first_indexed | 2025-02-19T01:16:05Z |
| format | Book Section |
| id | oai:repository.londonmet.ac.uk:9778 |
| institution | London Metropolitan University |
| language | English |
| last_indexed | 2025-02-19T01:16:05Z |
| publishDate | 2024 |
| publisher | IGI Global |
| record_format | eprints |
| spelling | oai:repository.londonmet.ac.uk:97782024-10-29T09:40:59Z https://repository.londonmet.ac.uk/9778/ The influence of AI on the accounting and finance sector and its implications Segura, Liliane Cristina Naser, Abu Abreu, Rute 000 Computer science, information & general works 330 Economics 650 Management & auxiliary services This research investigates into the potential benefits and obstacles associated with integrating AI, specifically ChatGPT, into the realm of accounting and finance professionals. The article is based on the literature review. The results shows that just as technology has transfigured various industries, it has similarly impacted accounting and finance. ChatGPT, an advanced language model created by OpenAI, has the capability to transform the working methods of accountants, offering enhanced efficiency, heightened productivity, and valuable insights. Ethical dilemmas extend to the prospect of generative AI supplanting human creativity and labour, as well as the potential infringement upon intellectual property rights. This study offers an exhaustive investigation of the advantages and challenges posed by AI, particularly ChatGPT, robotic process automation (RPA) in the area of accounting and finance professionals. It imparts valuable insights and suggestions for the effective integration of this technology into the domains of accounting and finance. IGI Global Bataglia, Walter Segura, Liliane Cristina 2024-10-18 Book Section PeerReviewed text en https://repository.londonmet.ac.uk/9778/1/The-Influence-of-AI-on-the-Accounting-and-Finance-Sector-and-Its-Implications.pdf Segura, Liliane Cristina, Naser, Abu and Abreu, Rute (2024) The influence of AI on the accounting and finance sector and its implications. In: The Impacts of Innovation and Cognition in Management. IGI Global, Hershey, Pennsylvania, pp. 169-182. ISBN 979-8-3693-5777-4 https://www.igi-global.com/gateway/chapter/359956 10.4018/979-8-3693-5777-4.ch007 10.4018/979-8-3693-5777-4.ch007 |
| spellingShingle | 000 Computer science, information & general works 330 Economics 650 Management & auxiliary services Segura, Liliane Cristina Naser, Abu Abreu, Rute The influence of AI on the accounting and finance sector and its implications |
| title | The influence of AI on the accounting and finance sector and its implications |
| title_full | The influence of AI on the accounting and finance sector and its implications |
| title_fullStr | The influence of AI on the accounting and finance sector and its implications |
| title_full_unstemmed | The influence of AI on the accounting and finance sector and its implications |
| title_short | The influence of AI on the accounting and finance sector and its implications |
| title_sort | influence of ai on the accounting and finance sector and its implications |
| topic | 000 Computer science, information & general works 330 Economics 650 Management & auxiliary services |
| url | https://repository.londonmet.ac.uk/9778/1/The-Influence-of-AI-on-the-Accounting-and-Finance-Sector-and-Its-Implications.pdf |
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