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Embracing the role of artificial intelligence in accounting and finance: contemplating the changing skillset expectations

Embracing the role of artificial intelligence in accounting and finance: contemplating the... The purpose of this paper is to highlight how Artificial intelligence (AI) and its subsets are changing the face of the accounting and finance (A&F) profession. Expectations from A&F professionals are changing due to the expeditious changes in technology. This paper proposes new skill set expectations from these professionals.Design/methodology/approachThis is a viewpoint paper based on the opinions/views of the employees working in medium and large organizations in A&F in the United Arab Emirates (UAE). The employee viewpoints were gathered through an emailed questionnaire.FindingsThis paper illustrates the need to embrace technology and acquire the necessary skills to work in conjunction with machines. This will help A&F professionals to meet the changing expectations of employers.Practical implicationsThis paper emphasizes the usefulness of training, learning, and development of the skills necessary for A&F professionals to work with AI and its subsets.Originality/valueThis paper discusses how AI will bring in challenges and opportunities in the future. It suggests how A&F professionals can embrace technology (driven by AI) and understand to work with it. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Development and Learning in Organizations Emerald Publishing

Embracing the role of artificial intelligence in accounting and finance: contemplating the changing skillset expectations

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References (6)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1477-7282
eISSN
1477-7282
DOI
10.1108/dlo-01-2021-0016
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to highlight how Artificial intelligence (AI) and its subsets are changing the face of the accounting and finance (A&F) profession. Expectations from A&F professionals are changing due to the expeditious changes in technology. This paper proposes new skill set expectations from these professionals.Design/methodology/approachThis is a viewpoint paper based on the opinions/views of the employees working in medium and large organizations in A&F in the United Arab Emirates (UAE). The employee viewpoints were gathered through an emailed questionnaire.FindingsThis paper illustrates the need to embrace technology and acquire the necessary skills to work in conjunction with machines. This will help A&F professionals to meet the changing expectations of employers.Practical implicationsThis paper emphasizes the usefulness of training, learning, and development of the skills necessary for A&F professionals to work with AI and its subsets.Originality/valueThis paper discusses how AI will bring in challenges and opportunities in the future. It suggests how A&F professionals can embrace technology (driven by AI) and understand to work with it.

Journal

Development and Learning in OrganizationsEmerald Publishing

Published: Jan 3, 2022

Keywords: Training; Accounting; Finance; Artificial intelligence (AI); Skillset

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