An Overview of Artificial Intelligence Applications in Accounting and Auditing

Abstract

This article provides a comprehensive overview of the application of Artificial Intelligence (AI) in the fields of accounting and auditing within the context of the Fourth Industrial Revolution. Using a semisystematic review methodology, the authors analyzed research literature from 1992 to 2020 and identified 10 core groups of AI technologies that are shaping and will continue to shape accounting and auditing activities, including: expert systems, machine learning, neural networks, natural language processing, robotic process automation. The research findings indicate that while AI brings significant benefits in terms of productivity, accuracy, and risk management, it also poses new challenges related to professional ethics, technological unemployment, and the need to restructure professional training. The article also discusses adaptive solutions from the perspectives of policy, education, and businesses to ensure the sustainable development of the accounting and auditing professions in the digital age.