How Artificial Intelligence Can Help Accounting in Information Management

Author:

Rosário Albérico Travassos1ORCID

Affiliation:

1. GOVCOPP, IADE, Universidade Europeia, Portugal

Abstract

Artificial intelligence can greatly assist accounting professionals in information management, streamlining processes, and improving overall efficiency. AI-powered software can automate data entry tasks by extracting relevant information from documents, such as invoices, receipts, and bank statements. AI algorithms can analyze financial data and identify patterns or anomalies indicative of fraud or financial irregularities. AI can analyze historical financial data and market trends to provide predictive insights, helping businesses anticipate future financial challenges and opportunities. Human accountants will continue to play a vital role in interpreting AI-generated insights, making strategic decisions, and maintaining a human touch in client interactions. Based on the above, it is intended to systematically review the bibliometric literature on how artificial intelligence can help accounting in information management using the Scopus database to analyse 77 academic and/or scientific documents

Publisher

IGI Global

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