Dorcas Peace MOSES

The main purpose of this study was to examine the impact of artificial intelligence on the accounting profession. It examines the usefulness of artificial intelligence to the accounting profession. The findings indicate that artificial intelligence and the accounting profession are positively correlated, and that AI will have an impact on the accounting profession in the future.The accounting profession's adoption of artificial intelligence has improved the quality of financial information, relevance, faithful representation, efficiency, and corporate governance information. However, it is advised that a comparison of the use of the accounting profession in other fields and in other accounting professions could offer some insights into institutional and cultural factors that influence the decision to use artificial intelligence. Additionally, the use of AI technology can help improve the quality of their asset base and lower leverage ratios by reducing debt. A survey research design was used in the study. A total of 50 questionnaires were distributed equally among penultimate, final-year students and faculty members working in the accounting department of the University of Benin in Benin City, Edo State, as the primary method of data collection. Regression analysis was used to formulate and test five hypotheses.The analysis's findings led to the acceptance ofthe alternative hypotheses and the rejection ofthe five null hypotheses. Thus, it was determined that artificial intelligence significantly affects how the accounting profession is perceived. According to the study, the accounting profession should implement stronger artificial intelligence procedures in order to enhance the caliber of their financial reporting and, consequently, their overall worth.