How AI is transforming the accounting and auditing professions

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How AI is transforming the accounting and auditing professions

Artificial intelligence (AI) is set to revolutionize the professional services industry, creating approximately 58 million jobs according to the World Economic Forum. The adoption of AI in accounting and auditing requires responsible and people-centered approaches to overcome challenges and drive transformation.

Technological advancements in data mining, machine learning, and quantum computing are empowering accountants and auditors to leverage AI for streamlining workflows and enhancing efficiency. AI not only improves data analysis but also optimizes various accounting and audit processes, saving time and reducing errors.

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