The Impact of Artificial Intelligence and Blockchain on the Accounting Profession

IEEE Access

Feng Xiong¹  Yingying Zhang²  Haifeng Gu²  Yi Xie³  Xuan Fan⁴ 

[1] Center for Accounting Studies, School of Management, Xiamen University, Xiamen, China;Department of Business Administration, Glorious Sun School of Business and Management, Donghua University, Shanghai, China;School of Management, Xiamen University, Xiamen, China;Shenzhen Shishang Technology (Poemcoder) Ltd., Shenzhen, China;

关键词: Accounting profession;    artificial intelligence;    big data;    blockchain;    machine learning;   

DOI  :  10.1109/ACCESS.2020.3000505

来源: DOAJ

【 摘 要 】

Recent developments in technology have introduced dramatic changes to the practice of the accounting profession. This paper provides a comprehensive review of current developments in big data, machine learning, artificial intelligence, and blockchain utilized in general business practice and by specialized practitioners in the accounting profession worldwide. This paper explores the evolution of the accounting profession following these recent technological developments and assesses the impact of future developments. Inherent challenges and opportunities posed by these new technologies pertaining to accounting professionals and accounting educators are also examined, including an increased demand for IT professionals with accounting experience as opposed to accounting major graduates. Considering the dramatic changes and developments of AI applications in accounting, this paper reflects how all these technologies and the associated requirements of job candidates will affect the desired capabilities of accounting graduates and provides further discussion regarding what higher institutions and their accounting graduates can do to adopt such changes.

【 授权许可】

Unknown