Authors: Dr.M.Tharakeswari
Abstract: Due to rapid integration of Artificial Intelligence (AI) into accounting and finance reporting processes, organizational financial data presentation and management have been subjected to modifications. This study analyzes the influence that AI technologies, including Machine Learning (ML), Natural Language Processing (NLP), Robotic Process Automation (RPA), and Deep Learning, have had on fundamental accounting processes, including auditing, compliance management, anomaly detection, and financial statement preparation. Using an algorithmic analysis approach and the findings from an in-depth review of the literature, along with the quantitative analysis results, the paper demonstrates the ability of AI models to deliver accurate financial classifications with a precision rate of 97.1% and 67% improved speed in data processing.
DOI: http://doi.org/10.5281/zenodo.20666239
