From Input to Insight: How AI Automations Are Transforming Managerial Accounting

• Author(s): Lilian Cunha
• Paper ID: 1708944
• Page: 314-318
• Published Date: 31-01-2021
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 4 Issue 7 January-2021

Abstract

The integration of artificial intelligence (AI) and automation into managerial accounting is fundamentally reshaping the field, moving it from traditional data input and reporting towards delivering real-time strategic insights. This evolution enhances the accuracy, speed, and depth of financial and operational analysis by automating repetitive tasks and leveraging advanced analytics such as machine learning and natural language processing. As organizations operate in increasingly volatile and complex environments, AI-driven tools empower management accountants to become proactive business partners who support agile decision-making and strategic planning. However, challenges related to algorithmic transparency, data governance, ethical considerations, and the need for new skills must be addressed to fully realize the potential of AI in accounting. This article explores the transformative impact of AI automation on managerial accounting processes, roles, and organizational outcomes.

Keywords

Artificial intelligence, managerial accounting, automation, real-time insights, decision-making.

Citations

IRE Journals:
Lilian Cunha "From Input to Insight: How AI Automations Are Transforming Managerial Accounting" Iconic Research And Engineering Journals Volume 4 Issue 7 2021 Page 314-318

IEEE:
Lilian Cunha "From Input to Insight: How AI Automations Are Transforming Managerial Accounting" Iconic Research And Engineering Journals, 4(7)