The Impact of Adopting Artificial Intelligence Technology on the Accounting Profession Benefits and Challenges with a Field Study of Accountants in Algeria

Abstract

This study aims to assess the impact of artificial intelligence (AI) technology on the accounting profession in Algeria. The study is divided into two parts: a theoretical section, which clarifies and defines the key terms related to the research, and outlines the main benefits of AI technology in the accounting field, as well as the major challenges that may arise when applying AI technologies in various institutions; and an empirical section, which involves a survey conducted with a group of professionals (certified accountants, auditors, accounting experts, and corporate accountants).

The study reached several conclusions, the most notable being that the adoption of AI technology in Algerian institutions is still in its early stages. Moreover, the application of AI techniques in accounting faces several challenges in Algeria, despite the significant benefits that could be realized if the proper conditions were met. It was also found that AI does not eliminate the role of the accountant but rather enhances it by improving the efficiency of accounting tasks. The study further recommends the need to train and qualify accountants in the use of AI technologies to keep pace with the advancements in the accounting field. It also emphasizes the importance of fostering collaboration between IT researchers and accountants and calls for educational and training institutions to integrate AI theories into their curricula to equip students with the necessary skills to work in a technologically advanced environment.