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September 16, 2025International Journal of Research and Innovation in Social Science

Artificial Intelligence in Accounting and Finance: Redefining the Landscape – A Critical Review

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Authors

JSJaya Kumar ShanmugamMHMuhammad Hariz HamidMJMuslimah Mohd Jamil

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Overview

This review explores how artificial intelligence enhances operational efficiency and addresses ethical considerations in accounting and finance.

Key Points

  • AI significantly automates financial reporting and improves fraud detection in accounting practices, enhancing overall accuracy.
  • The integration of AI technologies leads to improved investment strategies, resulting in greater operational efficiency in finance.
  • Ethical concerns including bias and transparency surrounding AI adoption in finance must be critically addressed for successful implementation.
  • Understanding AI's impact on accounting and finance is essential for navigating the challenges and opportunities it presents.

Cite This Study

Shanmugam et al. (2025) studied this question.

synapsesocial.com/papers/68d4205e713b0b5dfea69737https://doi.org/10.47772/ijriss.2025.908000326
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Impact of Artificial Intelligence on Modern Accounting Practices2025
  2. 2Influence and Applications of AI in Accounting and Audit Practice2025
  3. 3Artificial Intelligence as a Strategic Ally in the Financial Sphere2024
  4. 4Implementation of Artificial Intelligence in Financial Reporting2025
  5. 5Role of Artificial Intelligence in Modern Accounting Practices2025