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Accounting

University at Albany, State University of New York

2017

Artificial intelligence

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The Rise Of Artificial Intelligence: An Analysis On The Future Of Accountancy, Cara Jaslove May 2017

The Rise Of Artificial Intelligence: An Analysis On The Future Of Accountancy, Cara Jaslove

Psychology

The concern for the replacement of accountants with an artificial intelligence system is a current and pressing issue. As new certified public accountants enter the field, they must adapt to the rapid changes and innovations of today. This thesis will exam ine and analyze how the accounting industry has been impacted by artificial intelligence, as well as potential threats to new hires. Ultimately, accountants should not fear replacement, but rather must tailor their abilities to the newest technologies. Ove rall, artificial intelligence will add value to the accounting industry, as certified public accountants can shift their attention from monotonous tasks …