Artificial Intelligence and Accounting: Ethical, Legal, and Social Implications

This book delves into how AI is revolutionising accounting procedures. It explores the newest AI technologies and their uses in financial data processing, auditing, compliance, and forecasting, ranging from machine learning to predictive analytics. It ensures responsible AI integration by addressing biases, accountability, and transparency while emphasising ethical considerations. This book provides case studies, practical advice, and examples from the real world, guaranteeing that readers not only understand the theoretical foundations of AI in accounting but also get the knowledge necessary to apply and maximise these technologies within their professional domains by connecting theory and application. It offers a road map for traversing the accounting industry's AI frontier, from using predictive analytics to make well-informed decisions to automating repetitive activities.

This book will enable accountants, auditors, and financial analysts to prosper in the emerging AI-driven world.