Reflect on the impacts and implications of artificial intelligence for business and accountants. Prompts to help you:• How do you think artificial intelligence will influence business and accounting?•...

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Reflect on the impacts and implications of artificial intelligence for business and accountants. Prompts to help you:• How do you think artificial intelligence will influence business and accounting?• Do you think artificial intelligence will impact your career in accounting?
Answered Same DayOct 06, 2021ACCG399Macquaire University

Answer To: Reflect on the impacts and implications of artificial intelligence for business and accountants....

Akash answered on Oct 08 2021
137 Votes
1
Accounting and Artificial Intelligence
1. How do you think artificial intelligence will influence business
and accounting?
In the present time, where the digital world is trending, the business is facing an increase in the expectation, demands and values from the vents which sometimes becomes impossible for the client to handle with the help of manpower. That's where the machine comes in mind and the tools and technologies are used to build a system that can help the manpower and such issues lessen so that the business can grow more and achieve their basic goals and objectives. The machine helps in maintaining the time and reduce the time that is taken by some tasks that consume a lot of energy and time. This is where artificial intelligence is introduced.
The new support supply that is provided to the businesses with the help of machines is done with the help of artificial intelligence. This aspect will have a great influence on business and accounting because such a system help does the time-consuming tasks effectively and efficiently. This will also help in making fewer mistakes and...
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