Enhancing Accountancy Services Through Artificial Intelligence

Authors

  • Alexander Walker Sheffield Hallam
  • Umang Popat

DOI:

https://doi.org/10.7190/fintaf.v2i1.431

Abstract

Abstract

This study systematically explores the impact of Artificial Intelligence (AI) on decision-making and client outcomes in business advisory and accountancy. It aims to assess the current implementation of AI, identify the most effective technologies, and pinpoint barriers to successful integration.

Key areas of investigation include how AI can streamline operations to enhance efficiency and accuracy, the potential for personalized services through advanced data analytics, and AI’s role in facilitating strategic decision-making via predictive analytics. Additionally, the study evaluates the economic benefits of AI, such as cost reduction and time savings, which could significantly influence operational practices.

Employing a quantitative approach, this research utilizes statistical analysis of secondary data to provide a comprehensive assessment of AI’s capabilities and its practical implications for the business advisory and accountancy sectors.

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Published

2025-03-10