A Changing Role of Artificial Intelligence in the Function of an Accountant since Ancient Times in the Perspective of International Accounting Standard

Abstract

Artificial intelligence (AI), with AI chatbots and product recommendation engines already in broad usage, is quickly becoming a part of more everyday corporate processes. Now, prominent accountants see how artificial intelligence changes company accounting. This study aims to know the use of AI tools in accountancy and their functioning. The primary aim of this study is to find out the ease that the accountants will have through the use of Artificial Intelligence tools.

 As already noted, there are teachers and students from Delhi University. To safeguard the confidentiality of their information, the respondents claimed that they were anonymous. The study was carried out with 150 participants. Analyses were carried out using a quantitative, qualitative, or mixed technique. In the practical discussions of this study, qualitative research techniques are employed. Quality research was conducted by eight specialists who interviewed AI's effect on management accounting. Depending on the number of answers and the time available, the interview might take 7 to 35 minutes.

 The semi-structured interview in the study revealed the implications for accounting students of false information and the actions of the Faculty. The Faculty Analysis also found that recognized Artificial Intelligence requirements in the Faculty.