The Role of Artificial Intelligence in Optimizing Accounting Processes and Automating Financial Tasks

Abstract

Artificial intelligence (AI) has significantly transformed the way companies manage accounting and financial processes. This article discusses the impact of AI on optimizing repetitive tasks, such as basic accounting, auditing, and financial reporting. Based on a literature review and recent studies, the benefits, limitations, and ethical challenges associated with the adoption of these technologies are highlighted. The findings reveal that implementing AI improves accuracy, reduces costs, and fosters greater efficiency, but it also raises concerns about data security and technology dependency.