Research on the Influence of Artificial Intelligence on Accounting Industry and Its Countermeasures

Not only for the accounting industry, the development of science and technology will have an impact on many industries, which will greatly change people's life and work style. Artificial intelligence is a new stage of scientific and technological development, which means that automation and informatization will be further improved.

Looking back on the development of the accounting industry, it has actually experienced the development from manual bookkeeping to computerized accounting, and all kinds of financial software are becoming more and more "advanced". In fact, it is becoming more and more intelligent, and many tasks that need manual processing can be automatically realized by the system. I think as a financial officer, this is something to be happy about.

We all feel that financial personnel, especially those at the grass-roots level, have a heavy workload, and they often work overtime at the end of the month and the beginning of the month. Even if they are so hard, there will still be various data problems when they finally produce the statements, such as uneven statements and inconsistent current accounts. Even serious and hard-working colleagues will have problems with their accounts because of negligence at a certain moment. On the other hand, although everyone works hard, our income still can't go up. Our financial overtime is almost no less than that of programmers, and our efforts are almost the same, but others' income is several times that of ours, and financial work is the lowest cost-effective occupation in the eyes of many people.

With the development of artificial intelligence, a lot of financial processing can be automatically realized through the system, so financial personnel don't have to work overtime so hard. As long as they know how to use the system, they can easily handle a lot of accounts with a few keystrokes, and they can get off work on time every day. Even if the income is still so high, at least the work intensity is greatly reduced. Isn't it a very happy thing? Imagine that if two companies recruit finance, one company has a system to handle accounts, and the other company has no system to handle accounts manually, and the salaries offered by the two companies are similar, which one would you choose?

So, in my opinion, we financial personnel should welcome the accounting industry to realize the application of artificial intelligence earlier, liberate the productive forces, and at least make the tedious and low cost-effective financial work become a middle cost-effective profession.

but then again, since artificial intelligence can automatically handle some financial work, the personnel structure of a company's financial department will inevitably change in the future. The change here does not necessarily mean that the number of people has decreased. Many people think that the development of artificial intelligence will make many financial personnel, especially grassroots financial personnel, unemployed, and the company's financial personnel will be reduced. In fact, in my opinion, the application of artificial intelligence in financial accounting industry will only replace standardized and repetitive work. For example, if an enterprise orders food for its employees every day, it will incur expenses. The characteristic of this transaction is that it is repeated every day, the amount of each transaction is not large, and the expenses incurred every time will be included in the same accounting subject. Then the financial processing related to this ordering can be automated, so there is no need for manual processing. On the contrary, those non-standard and non-repetitive jobs in financial work still have to be handled manually, and there are quite a few such transactions. For example, paying wages seems to be repetitive and standard, but the calculation of personnel wages is more complicated, and many factors should be considered, such as attendance, performance, and some special circumstances, which need to be verified with myself, etc., all of which must be handled manually. The most tedious and labor-consuming link in accounting work is accounting, which is usually called checking vouchers, keeping accounts and producing financial statements. At present, among these tasks, automation may be considered only for bookkeeping, while other projects are more difficult. A variety of accounting vouchers and invoices, which are difficult to standardize, let the system automatically review. Sometimes, there is no invoice, and some alternative invoices are found, so the system is more difficult to judge.

It can also be summarized that the part of financial work that requires professional judgment is difficult to be replaced by artificial intelligence. Because professional judgment is subjective, different people, different experiences, different knowledge and different experiences may have different judgment results for the same transaction.