The impact of artificial intelligence on accounting practices: an academic perspective
Abstract Artificial intelligence (AI) is transforming accounting through automating processes, enhancing operational efficiency, and increased accuracy in financial reporting, fraud prevention, and regulatory compliance execution. This paper explores the opportunities and challenges of AI adoption l...
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| Format: | Article |
| Language: | English |
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Springer Nature
2025-07-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-025-05004-6 |
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| author | Talal Fawzi Alruwaili Mahfoudh Hussein Mgammal |
| author_facet | Talal Fawzi Alruwaili Mahfoudh Hussein Mgammal |
| author_sort | Talal Fawzi Alruwaili |
| collection | DOAJ |
| description | Abstract Artificial intelligence (AI) is transforming accounting through automating processes, enhancing operational efficiency, and increased accuracy in financial reporting, fraud prevention, and regulatory compliance execution. This paper explores the opportunities and challenges of AI adoption landscape in Saudi-Arabian accounting practices, aligned with the technology-driven objectives of Vision-2030. Using structured surveys and composite-based structural equation modeling (SEM) with the ADANCO approach, the research evaluates accounting academics’ knowledge, attitudes, and practices (KAP) regarding-AI. The study shows AI’s potential to streamline operations, perform knowledge-intensive tasks, and combat fraudulent activities. Implementation success depends on directed education programs and robust regulations and ethical assessment to handle risks such as algorithmic biases, workforce displacement and integrity concerns. The study reveals a direct link between educational perspectives on AI and its practical application, emphasizing the role of knowledgeable professionals in driving positive industrial developments. We recommended to fostering AI literacy, promoting socio-economic equality in adoption, and creating sustainable learning environments. These insights offer actionable guidance for academics, professionals, organizations, and policymakers to navigate AI’s evolving role while maintaining ethical standards. The implementation of enhanced AI integration in accounting will enable Saudi-Arabia to fulfill Vision-2030 goals while becoming a benchmark for sustainable, human-centric technological development in the field. |
| format | Article |
| id | doaj-art-bbe7ef5b2b4842b4a1d6682a19caf29f |
| institution | Kabale University |
| issn | 2662-9992 |
| language | English |
| publishDate | 2025-07-01 |
| publisher | Springer Nature |
| record_format | Article |
| series | Humanities & Social Sciences Communications |
| spelling | doaj-art-bbe7ef5b2b4842b4a1d6682a19caf29f2025-08-20T03:45:48ZengSpringer NatureHumanities & Social Sciences Communications2662-99922025-07-0112111810.1057/s41599-025-05004-6The impact of artificial intelligence on accounting practices: an academic perspectiveTalal Fawzi Alruwaili0Mahfoudh Hussein Mgammal1Accounting Department, Jouf UniversityAccounting Department, Jouf UniversityAbstract Artificial intelligence (AI) is transforming accounting through automating processes, enhancing operational efficiency, and increased accuracy in financial reporting, fraud prevention, and regulatory compliance execution. This paper explores the opportunities and challenges of AI adoption landscape in Saudi-Arabian accounting practices, aligned with the technology-driven objectives of Vision-2030. Using structured surveys and composite-based structural equation modeling (SEM) with the ADANCO approach, the research evaluates accounting academics’ knowledge, attitudes, and practices (KAP) regarding-AI. The study shows AI’s potential to streamline operations, perform knowledge-intensive tasks, and combat fraudulent activities. Implementation success depends on directed education programs and robust regulations and ethical assessment to handle risks such as algorithmic biases, workforce displacement and integrity concerns. The study reveals a direct link between educational perspectives on AI and its practical application, emphasizing the role of knowledgeable professionals in driving positive industrial developments. We recommended to fostering AI literacy, promoting socio-economic equality in adoption, and creating sustainable learning environments. These insights offer actionable guidance for academics, professionals, organizations, and policymakers to navigate AI’s evolving role while maintaining ethical standards. The implementation of enhanced AI integration in accounting will enable Saudi-Arabia to fulfill Vision-2030 goals while becoming a benchmark for sustainable, human-centric technological development in the field.https://doi.org/10.1057/s41599-025-05004-6 |
| spellingShingle | Talal Fawzi Alruwaili Mahfoudh Hussein Mgammal The impact of artificial intelligence on accounting practices: an academic perspective Humanities & Social Sciences Communications |
| title | The impact of artificial intelligence on accounting practices: an academic perspective |
| title_full | The impact of artificial intelligence on accounting practices: an academic perspective |
| title_fullStr | The impact of artificial intelligence on accounting practices: an academic perspective |
| title_full_unstemmed | The impact of artificial intelligence on accounting practices: an academic perspective |
| title_short | The impact of artificial intelligence on accounting practices: an academic perspective |
| title_sort | impact of artificial intelligence on accounting practices an academic perspective |
| url | https://doi.org/10.1057/s41599-025-05004-6 |
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