Artificial Intelligence Technologies in Management accounting

The Secret of the usage of artificial itelligence technology in  managment accounting is evaluted in a translated paper. The majority of economic activity and occupations have been significantly impacted by the rapid development of digital technology. Organizational structures and business models have changed as a result of the fourth industrial revolution in science and technology, and new models have emerged. 

Artificial intelligence technology

 As a result, accounting activities that record operations and give managers the data they need to make decisions are threatened, challenged, and complicated. Opportunities have arisen that have the potential to transform management accounting and signal its revival.

Management accounting tasks have grown more sophisticated and include more data as a result of the development of data collecting and processing technology. The biggest barriers to the use of artificial intelligence in management accounting are resistance to change, corporate culture, a lack of trust, and the expensive cost of technology.

In the area of management accounting's modernisation and digitalization, this research sought to assess how accountants in Romanian firms were utilising artificial intelligence technologies. This study is quantitative in nature and was carried out using a survey and a questionnaire. 

The questionnaire was completed and sent by 396 management accounting specialists from Romanian firms. We put the artificial intelligence technology acceptance paradigm in management accounting to the test using structural equation modelling.

The findings demonstrate that the application of artificial intelligence solutions in management accounting enhances the use of accounting information, provides managers with multiple options through innovation and quicker processes, and is relatively simple to use thanks to its high level of automation and customization. 

This study is quantitative in nature and was carried out using a survey and a questionnaire. The questionnaire was completed and sent by 396 management accounting specialists from Romanian firms. We put the artificial intelligence technology acceptance paradigm in management accounting to the test using structural equation modelling.

The findings demonstrate that the application of AI solutions in management accounting enhances the use of accounting data, provides managers with a variety of possibilities through innovation and quicker procedures, and is reasonably simple to use thanks to a high degree of automation and customisation. 

This study, which is quantitative in nature, was carried out via a questionnaire-based survey. 396 management accounting specialists from Romanian firms filled out and submitted the questionnaire in total. We put the management accounting artificial intelligence technology acceptance concept to the test using structural equation modelling.

The findings demonstrate that the application of artificial intelligence solutions in management accounting enhances the use of accounting information, provides managers with multiple options through innovation and quicker processes, and is relatively simple to use thanks to its high level of automation and customization.

Administration Accounting

Most economic activities and professions have undergone substantial change as a result of the rapid development of digital technology. Organizational structures and business models have altered as a result of the fourth industrial revolution in science and technology, and new ones have also developed. As a result, dangers, challenges, and opportunities have been presented to the accounting activities that record operations and give managers the data they need to make decisions. These events have altered the DNA of management accounting and will likely lead to its reinvention.

The complexity and volume of data involved in management accounting tasks have increased as a result of the development of data gathering and processing technology. The biggest obstacles to managerial accounting's adoption of artificial intelligence technology include resistance to change, company culture, a lack of trust, and the expensive cost of technology.

This study evaluated how well accountants in Romanian firms accepted artificial intelligence technology in the context of the modernization and digitalization of management accounting.

This study used a questionnaire-based survey to conduct its quantitative investigation.

The questionnaire was completed and submitted by 396 management accounting experts from Romanian enterprises. We put the theory of embracing artificial intelligence technologies in management accounting to the test using structural equation modelling.