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Munyim Tajwar Abir (1921182630)

The document discusses the impact of artificial intelligence (AI) on the accounting profession, highlighting that while AI automates routine tasks, it will not fully replace accountants. Instead, AI will enhance accountants' capabilities, allowing them to focus on strategic decision-making and personalized client relationships. The future of accounting will involve a collaborative relationship between humans and AI, with accountants leveraging technology to provide deeper insights and consulting services.
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0% found this document useful (0 votes)
8 views2 pages

Munyim Tajwar Abir (1921182630)

The document discusses the impact of artificial intelligence (AI) on the accounting profession, highlighting that while AI automates routine tasks, it will not fully replace accountants. Instead, AI will enhance accountants' capabilities, allowing them to focus on strategic decision-making and personalized client relationships. The future of accounting will involve a collaborative relationship between humans and AI, with accountants leveraging technology to provide deeper insights and consulting services.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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LETTERS TO THE EDITOR

Will AI replace accountants?

Sunday, 16 February 2025

Artificial intelligence, or AI, has raised many debates on its effects on different
professions, one of them being accounting. Will AI replace accountants, or will it be a
worthy partner?
AI is already transforming the accounting industry with the automation of routine
tasks such as data entry, invoice processing, and tax preparation. AI-driven software
has the capacity to analyze huge datasets to ensure anomaly detection and provide
financial reports with awesome accuracy. The automation reduces human error and
frees accountants to attend to higher-value tasks.
However, this does not necessarily mean that AI will completely take over the role of
an accountant. This is because accounting involves strategic decisions, financial
planning, and regulatory compliance-all requiring human judgment and critical
thinking. Moreover, clients require personalized advice and trust-based relationships,
which only a human accountant can give. In the end, AI will elevate an accountant's
capabilities, making them efficient to provide better insights.
In the future, it is going to be a collaborative relationship between the humans and the
AI. Accountants will lead from the front, making much more sense of financials, with
deeper analysis and strategic consulting, leveraging technology. The role of the
accountant is changing, but their expertise is irreplaceable. Rather than fear AI,
accountants should consider it an ally that elevates the profession.
AI will not replace accountants but will be a strong ally. Those familiar with AI-
powered tools will gain momentum, helping businesses and clients even more in the
digital space.

Munyim Tajwar Abir


Bachelor of Business
Administration
North South University
[email protected]

Editor : Shamsul Huq Zahid

Published by Syed Manzur Elahi for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO
Box : 2526 Dhaka- 1000 and printed by him The Transcraft Limited, 229, Tejgaon Industrial Area, Dhaka-1208.

Telephone : PABX : 9553550 (Hunting), 9513814, 7172017 and 7172012 Fax : 880-2-9567049

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