AI Integration in Accounting: Operational Efficiency Implications and Ethical Challenges for Professional Accountants
DOI:
https://doi.org/10.61942/oikonomia.v2i3.357Keywords:
Artificial Intelligence, Accounting, Operational Efficiency, Professional EthicsAbstract
The development of artificial intelligence (AI) technology has brought fundamental changes in various sectors, including accounting. The integration of AI in accounting practices promises to significantly improve operational efficiency, but on the other hand, it also poses complex ethical challenges for professional accountants. This study aims to explore the impact of AI integration on operational efficiency as well as identify the ethical challenges that arise in the accounting profession. The method used is a systematic literature study with a qualitative approach, which involves searching scientific articles from various accredited databases such as Scopus, ScienceDirect, and ProQuest. The results showed that AI is able to automate routine accounting processes, improve data accuracy, and support real-time financial reporting, which in turn strengthens managerial decision-making. However, challenges such as black box algorithms, potential algorithmic bias, and data privacy and security risks require accountants to have a deep understanding of technology and ethics. The conclusion of this study confirms that the successful integration of AI in accounting is highly dependent on the readiness of human resources, technology governance, and adaptive regulations. The implications of this study lead to the importance of reformulating the accounting education curriculum, increasing accountants' digital competencies, and the need for cross-sector collaboration in building an efficient as well as ethical and accountable technology ecosystem.
References
Adekunle, B. I., Chukwuma-Eke, E. C., Balogun, E. D., & Ogunsola, K. O. (2023). Developing A Digital Operations Dashboard For Real-Time Financial Compliance Monitoring In Multinational Corporations. International Journal Of Scientific Research In Computer Science, Engineering And Information Technology, 9(3), 728-746. Http://Ijsrcseit.Com/
Ahmad, A. Y. A. B. (2024, April). The Changing Role Of Accountants In The Ai Era: Evolving Skill Sets And Career Pathways. In 2024 International Conference On Knowledge Engineering And Communication Systems (Ickecs) (Vol. 1, Pp. 1-5). Ieee. Https://Doi.Org/10.1109/Ickecs61492.2024.10617313.
Ajayi-Nifise, A. O., Odeyemi, O., Mhlongo, N. Z., Ibeh, C. V., Elufioye, O. A., & Awonuga, K. F. (2024). The Future Of Accounting: Predictions On Automation And Ai Integration. World Journal Of Advanced Research And Reviews, 21(2), 399-407. Https://Doi.Org/10.30574/Wjarr.2024.21.2.0466
Al Najjar, M., Gaber Ghanem, M., Mahboub, R., & Nakhal, B. (2024). The Role Of Artificial Intelligence In Eliminating Accounting Errors. Journal Of Risk And Financial Management, 17(8), 353. Https://Doi.Org/10.3390/Jrfm17080353
Al-Omush, A., Almasarwah, A., & Al-Wreikat, A. (2025). Artificial Intelligence In Financial Auditing: Redefining Accuracy And Transparency In Assurance Services. Edpacs, 1-20. Https://Doi.Org/10.1080/07366981.2025.2459490
Alonge, E. O., Dudu, O. F., & Alao, O. B. (2024). The Impact Of Digital Transformation On Financial Reporting And Accountability In Emerging Markets. International Journal Of Science And Technology Research Archive, 7(2), 025-049. Https://Doi.Org/10.53771/Ijstra.2024.7.2.0061
Anomah, S., Ayeboafo, B., Owusu, A., & Aduamoah, M. (2024). Adapting To Ai: Exploring The Implications Of Ai Integration In Shaping The Accounting And Auditing Profession For Developing Economies. Edpacs, 69(11), 28-52. Https://Doi.Org/10.1080/07366981.2024.2388412
Assidi, S., Omran, M., Rana, T., & Borgi, H. (2025). The Role Of Ai Adoption In Transforming The Accounting Profession: A Diffusion Of Innovations Theory Approach. Journal Of Accounting & Organizational Change. Https://Doi.Org/10.1108/Jaoc-04-2024-0124
Bakarich, K. M., & O'brien, P. E. (2021). The Robots Are Coming… But Aren't Here Yet: The Use Of Artificial Intelligence Technologies In The Public Accounting Profession. Journal Of Emerging Technologies In Accounting, 18(1), 27-43. Https://Doi.Org/10.2308/Jeta-19-11-20-47
Bose, S., Dey, S. K., & Bhattacharjee, S. (2023). Big Data, Data Analytics And Artificial Intelligence In Accounting: An Overview. Handbook Of Big Data Research Methods, 32-51. Https://Doi.Org/10.4337/9781800888555.00007
Cheng, Y., Zhou, X., & Li, Y. (2023). The Effect Of Digital Transformation On Real Economy Enterprises’ Total Factor Productivity. International Review Of Economics & Finance, 85, 488-501. Https://Doi.Org/10.1016/J.Iref.2023.02.007
Faheem, M., Aslam, M. U. H. A. M. M. A. D., & Kakolu, S. R. I. D. E. V. I. (2024). Enhancing Financial Forecasting Accuracy Through Ai-Driven Predictive Analytics Models. Retrieved December, 11.
Gonçalves, M. J. A., Da Silva, A. C. F., & Ferreira, C. G. (2022, February). The Future Of Accounting: How Will Digital Transformation Impact The Sector?. In Informatics (Vol. 9, No. 1, P. 19). Mdpi. Https://Doi.Org/10.3390/Informatics9010019
Himeur, Y., Elnour, M., Fadli, F., Meskin, N., Petri, I., Rezgui, Y., ... & Amira, A. (2023). Ai-Big Data Analytics For Building Automation And Management Systems: A Survey, Actual Challenges And Future Perspectives. Artificial Intelligence Review, 56(6), 4929-5021. Https://Doi.Org/10.1007/S10462-022-10286-2
Holmes, A. F., & Douglass, A. (2022). Artificial Intelligence: Reshaping The Accounting Profession And The Disruption To Accounting Education. Journal Of Emerging Technologies In Accounting, 19(1), 53-68. Https://Doi.Org/10.2308/Jeta-2020-054
Ilori, O., Nwosu, N. T., & Naiho, H. N. N. (2024). Advanced Data Analytics In Internal Audits: A Conceptual Framework For Comprehensive Risk Assessment And Fraud Detection. Finance & Accounting Research Journal, 6(6), 931-952. Http://Www.Creativecommons.Org/Licences/By-Nc/4.0/
Johri, A. (2025, January). Impact Of Artificial Intelligence On The Performance And Quality Of Accounting Information Systems And Accuracy Of Financial Data Reporting. In Accounting Forum (Pp. 1-25). Routledge. Https://Doi.Org/10.1080/01559982.2025.2451004
Kothandapani, H. P. (2025). Social Implications Of Algorithmic Decision-Making In Housing Finance: Examining The Broader Social Impacts Of Deploying Machine Learning In Lending Decisions, Including Potential Disparities And Community Effects. Journal Of Knowledge Learning And Science Technology Issn: 2959-6386 (Online), 4(1), 78-97. Https://Doi.Org/10.60087/Jklst.V4.N1.009
Kuaiber, M. Q., Ali, Z. N., Al-Yasiri, A. J., Kareem, A. J., Al, M. A., & Almagtome, A. (2024, April). Automation And The Future Of Accounting: A Study Of Ai Integration In Financial Reporting. In 2024 International Conference On Knowledge Engineering And Communication Systems (Ickecs) (Vol. 1, Pp. 1-6). Ieee.
Kuswara, Z., Pasaribu, M., Fitriana, F., & Santoso, R. A. (2024). Artificial Intelligence In Financial Reports: How It Affects The Process's Effectiveness And Efficiency. Jurnal Ilmu Keuangan Dan Perbankan (Jika), 13(2), 257-272. Https://Doi.Org/10.34010/Jika.V13i2.12730
Leitner-Hanetseder, S., Lehner, O. M., Eisl, C., & Forstenlechner, C. (2021). A Profession In Transition: Actors, Tasks And Roles In Ai-Based Accounting. Journal Of Applied Accounting Research, 22(3), 539-556.
Machireddy, J. R., & Devapatla, H. (2023). Enhancing Predictive Analytics With Ai-Powered Rpa In Cloud Data Warehousing: A Comparative Study Of Traditional And Modern Approaches. Journal Of Deep Learning In Genomic Data Analysis, 3(1), 74-100. Https://Thelifescience.Org/
Manginte, S. Y. (2024). Fortifying Transparency: Enhancing Corporate Governance Through Robust Internal Control Mechanisms. Advances In Management & Financial Reporting, 2(2), 72-84. Https://Doi.Org/10.60079/Amfr.V2i2.173
Odonkor, B., Kaggwa, S., Uwaoma, P. U., Hassan, A. O., & Farayola, O. A. (2024). The Impact Of Ai On Accounting Practices: A Review: Exploring How Artificial Intelligence Is Transforming Traditional Accounting Methods And Financial Reporting. World Journal Of Advanced Research And Reviews, 21(1), 172-188. Https://Doi.Org/10.30574/Wjarr.2024.21.1.2721
Oyedokun, O., Ewim, S. E., & Oyeyemi, O. P. (2024). Leveraging Advanced Financial Analytics For Predictive Risk Management And Strategic Decision-Making In Global Markets. Global Journal Of Research In Multidisciplinary Studies, 2(02), 016-026. Https://Doi.Org/10.58175/Gjrms.2024.2.2.0051
Oyeniyi, L. D., Ugochukwu, C. E., & Mhlongo, N. Z. (2024). Robotic Process Automation In Routine Accounting Tasks: A Review And Efficiency Analysis. World Journal Of Advanced Research And Reviews, 22(1), 695-711. Https://Doi.Org/10.30574/Wjarr.2024.22.1.1156
Rawashdeh, A. (2025). The Consequences Of Artificial Intelligence: An Investigation Into The Impact Of Ai On Job Displacement In Accounting. Journal Of Science And Technology Policy Management, 16(3), 506-535. Https://Doi.Org/10.1108/Jstpm-02-2023-0030
Schweitzer, B. (2024). Artificial Intelligence (Ai) Ethics In Accounting. Journal Of Accounting, Ethics & Public Policy, Jaepp, 25(1), 67-67. Https://Doi.Org/10.60154/Jaepp.2024.V25n1p67
Schweitzer, B. (2024). Artificial Intelligence (Ai) Ethics In Accounting. Journal Of Accounting, Ethics & Public Policy, Jaepp, 25(1), 67-67. Https://Doi.Org/10.60154/Jaepp.2024.V25n1p67
Thanasas, G. L., & Kampiotis, G. (2024). The Role Of Big Data Analytics In Financial Decision-Making And Strategic Accounting. Technium Business And Management, 10, 17-33.
Umeorah, S. C., Adelaja, A. O., Ayodele, O. F., & Abikoye, B. E. (2024). Artificial Intelligence (Ai) In Working Capital Management: Practices And Future Potential. World Journal Of Advanced Research And Reviews, 23(1), 1436-1451. Https://Doi.Org/10.30574/Wjarr.2024.23.1.2141
Venkata, S. K. S. (2025). Ai In Audit: Unlocking Deep Analytical-Based Testing. Journal Of Computer Science And Technology Studies, 7(3), 592-601. Https://Doi.Org/10.32996/Jcsts.2025.7.3.67
Zhang, W. (2024). Ethical Dilemmas In Accounting: A Comprehensive Analysis Of Professional Ethics. Academic Journal Of Business & Management, 6(2), 137-145.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Septarina Prita Dania Sofianti
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
