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About Artificial Intelligence in Finance
Artificial intelligence has the potential to significantly impact finance and accounting through applications like robotic process automation, predictive analytics using machine learning, and autonomous investment management. However, there are also risks like potential job losses and a lack of explainability and oversight for some AI systems. The extent to which AI should replace human expertise depends on how these opportunities and risks are managed. The report examines current and potential uses of AI in accounting, investment, and how it relates to International Financial Reporting Standards. It also discusses challenges like reliability, disruption, and dangers of developing advanced AI.
Detailed Information
Author: | ['Julian Gurlich'] |
---|---|
Publication Year: | 2021 |
Pages: | 30 |
Language: | English |
Format: | |
Price: | FREE |
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