Published April 4, 2024
| Version v1
Journal article
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THE RISE OF ACCOUNTING AUTOMATION: TRANSFORMING FINANCIAL MANAGEMENT
Creators
- 1. Department of Senior Lecturer of the Accounting and Auditing Termiz State University
Description
This article explores the rise of accounting automation and its transformative impact on financial management practices. It discusses the benefits, challenges, and implications of automation technologies such as artificial intelligence (AI), robotic process automation (RPA), and machine learning in streamlining financial processes. Through a comprehensive analysis, the article examines the key drivers behind the adoption of accounting automation and provides insights into its future trajectory.
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Additional details
References
- 1. Gupta, R., & Verma, R. (2021). Accounting Automation: A Review. Journal of Accounting and Finance, 10(2), 45-60.
- 2. McKinsey & Company. (2020). The Future of Finance: CFOs' Role in Embracing AI and Automation. Retrieved from https://www.mckinsey.com/business-functions/operations/our-insights/the-future-of-finance-cfos-role-in-embracing-ai-and-automation
- 3. Deloitte. (2022). Accounting Automation: Transforming Financial Management. Retrieved from https://www2.deloitte.com/us/en/pages/operations/articles/accounting-automation.html
- 4. KPMG. (2021). Embracing Automation: The Future of Accounting and Finance. Retrieved from https://home.kpmg/xx/en/home/insights/2021/03/embracing-automation-the-future-of-accounting-and-finance.html