5 ways artificial intelligence will help accountants

The new way of thinking about AI is to see it doing time-consuming tasks, freeing up space for accountants to do the serious thinking and to exercise professional judgement on more complex matters. Despite some people’s fears, AI’s advocates say it can be a job-creator, not a job-killer. For years, there have been fears that Artificial Intelligence (AI) – smart machines that work and react like humans while having self-learning capabilities – will redefine the role of accountants. Now innovative firms are investing in AI so they can be at the forefront of cognitive technologies. What does the evolution from automation and data-analytics software to AI mean for accountants? It isn’t about to deliver a robot takeover of the economy but it will bring change.  Here are five accounting tasks…

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