The Impact of AI and Automation on Accounting Modernization for Small and Medium Enterprises (SMEs): Enhancing Accuracy, Financial Forecasting, and Compliance

• Author(s): Hosana Lopes Ghirelli
• Paper ID: 1710482
• Page: 985-987
• Published Date: 19-09-2025
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 9 Issue 3 September-2025

Abstract

The integration of Artificial Intelligence (AI) and automation into accounting practices is transforming financial management in small and medium-sized enterprises (SMEs). AI technologies reduce manual errors, enhance financial forecasting, and improve compliance with regulatory requirements. By automating repetitive tasks, SMEs can allocate resources more efficiently, focus on strategic decision-making, and gain real-time insights into their financial operations. This paper explores the impact of AI and automation on SME accounting, highlighting practical applications and case studies that demonstrate increased operational efficiency, accuracy, and regulatory adherence.

Keywords

Artificial Intelligence, Automation, Accounting, Small and Medium Enterprises, Financial Forecasting, Compliance, Operational Efficiency.

Citations

IRE Journals:
Hosana Lopes Ghirelli "The Impact of AI and Automation on Accounting Modernization for Small and Medium Enterprises (SMEs): Enhancing Accuracy, Financial Forecasting, and Compliance" Iconic Research And Engineering Journals Volume 9 Issue 3 2025 Page 985-987

IEEE:
Hosana Lopes Ghirelli "The Impact of AI and Automation on Accounting Modernization for Small and Medium Enterprises (SMEs): Enhancing Accuracy, Financial Forecasting, and Compliance" Iconic Research And Engineering Journals, 9(3)