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Volume 1 Number 1 2023

Article Contents

RESEARCH ARTICLE   (Open Access)
Contents Vol 1 (1)

The Artificial Intelligence (AI) Era's Evident Effect on Accounting Careers and Skills

Muslima Jahan Diba1*, Farzana Zannat2

+ Author Affiliations

Business and Social Sciences 1 (1) 1-8 https://doi.org/10.25163/business.1110390

Submitted: 02 November 2022 Revised: 04 January 2023  Published: 07 January 2023 

Abstract

Background: The professional world undergoes transformation because of artificial intelligence and accounting stands as one of the most affected fields by this change. The combination of automation with machine learning and advanced data analytics creates a new accounting work environment which demands different abilities from professionals while requiring them to execute fresh operational tasks.

Methods: The research study collected data through a survey which evaluated 207 accounting professionals who worked throughout different regions of the United States. The study gathered information from participants who worked in business and academic institutions as well as public organizations. The questionnaire consisted which examined how people viewed AI adoption and the required skills and career prospects and obstacles.

Results: The study showed that most respondents 72% recognized AI as a major force which disrupts standard accounting methods. The majority of respondents 68% agreed that AI technology eliminates repetitive work yet 61% stated that people need to learn new analytical and technological abilities. The survey results showed that 74% of respondents chose data analytics as a core competency for the future and 59% chose cybersecurity awareness and 55% chose ethical decision-making. The survey results showed that 64% of people viewed AI as a source of new business prospects yet 29% feared their employment would vanish because of AI.

Conclusion: The study shows that artificial intelligence produces a clear influence on accounting employment throughout the United States. The new technology requires users to develop advanced technical skills but simultaneously creates career advancement prospects.Keywords: Artificial Intelligence, Accounting Careers, Skills Transformation, Workforce Adaptation

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