The Impact of Artificial Intelligence on Modern Accounting Systems: An Empirical Study

Artificial Intelligence (AI) has emerged as a transformative technology in modern accounting systems, significantly influencing accounting practices and professional roles. The present study aims to examine the extent of adoption and application of Artificial Intelligence in accounting systems, evaluate the level of awareness, readiness, and acceptance of AI among accounting professionals, and identify the key challenges faced by organizations in implementing AI-based accounting systems. The study is based on secondary data collected from published research articles, professional reports, and industry surveys. The findings reveal that the adoption of AI in accounting is gradually increasing, particularly in areas such as automation of routine tasks, financial reporting, auditing, and fraud detection. The study further indicates that accounting professionals generally exhibit a high level of awareness and acceptance of AI; however, organizational readiness remains moderate due to limitations related to skills, infrastructure, and training. Additionally, the research identifies major challenges including high implementation costs, data security concerns, resistance to change, and integration issues with existing systems. The study concludes that while AI has significant potential to enhance efficiency and accuracy in accounting systems, successful implementation requires improved readiness, skill development, and strategic organizational support.