Parnia Tootian - Academia.edu (original) (raw)
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Papers by Parnia Tootian
The rapid progress of Artificial Intelligence (AI) technology has resulted in substantial changes... more The rapid progress of Artificial Intelligence (AI) technology has resulted in substantial changes in a variety of industries, including accounting. This study investigates the influence of AI and Robotic Process Automation (RPA) on the accounting profession and its consequences for accountants. The research attempts to offer an overview of how AI is revolutionizing accounting procedures such as financial reporting, auditing, and management accounting. The project investigates the present situation of the accounting business and the issues it confronts in the digital age. It then digs into AI in accounting applications such as automated data input, intelligent financial evaluation, and automated forecasting. The benefits and challenges of AI adoption in accounting are examined, including enhanced efficiency, improved accuracy, and potential ethical issues.
The study addresses how AI-based systems might supplement human skills, allowing accountants to focus on higher-value jobs like strategic decision-making and consulting services. However, it recognizes the worries about job displacement and the necessity for accountants to learn new technological skills in order to adapt to a changing landscape. The study concludes with research recommendations, emphasizing the importance of investigating the ethical consequences of AI in accounting, developing guidelines and standards for AI implementation, and evaluating its long-term effect on the accounting industry. Accounting professionals may successfully navigate the shifting market landscape and harness the benefits of AI technology in their work by grasping the potential of AI in accounting.
The rapid progress of Artificial Intelligence (AI) technology has resulted in substantial changes... more The rapid progress of Artificial Intelligence (AI) technology has resulted in substantial changes in a variety of industries, including accounting. This study investigates the influence of AI and Robotic Process Automation (RPA) on the accounting profession and its consequences for accountants. The research attempts to offer an overview of how AI is revolutionizing accounting procedures such as financial reporting, auditing, and management accounting. The project investigates the present situation of the accounting business and the issues it confronts in the digital age. It then digs into AI in accounting applications such as automated data input, intelligent financial evaluation, and automated forecasting. The benefits and challenges of AI adoption in accounting are examined, including enhanced efficiency, improved accuracy, and potential ethical issues.
The study addresses how AI-based systems might supplement human skills, allowing accountants to focus on higher-value jobs like strategic decision-making and consulting services. However, it recognizes the worries about job displacement and the necessity for accountants to learn new technological skills in order to adapt to a changing landscape. The study concludes with research recommendations, emphasizing the importance of investigating the ethical consequences of AI in accounting, developing guidelines and standards for AI implementation, and evaluating its long-term effect on the accounting industry. Accounting professionals may successfully navigate the shifting market landscape and harness the benefits of AI technology in their work by grasping the potential of AI in accounting.