Thesis Abstract

Abstract
The integration of artificial intelligence (AI) technologies into accounting practices has emerged as a significant trend in the modern business landscape. This thesis investigates the impact of AI on financial statement analysis in the field of accounting, with a focus on how these technologies are transforming traditional methods of financial analysis. The study aims to provide insights into the benefits, challenges, and implications of AI adoption in financial statement analysis, shedding light on the potential opportunities and risks associated with this technological advancement. The research begins with an exploration of the background of the study, highlighting the evolution of AI in accounting and the growing importance of leveraging these technologies for financial analysis purposes. The problem statement underscores the need to understand the extent to which AI can improve the efficiency and accuracy of financial statement analysis, addressing potential limitations and challenges that may arise in the process. The objectives of the study are to evaluate the impact of AI on financial statement analysis, identify key factors influencing its adoption, and assess the implications for accounting professionals and organizations. The literature review delves into ten key themes related to AI in financial statement analysis, including the evolution of AI technologies, their application in accounting practices, the benefits and challenges of AI adoption, and the role of ethics and regulation in AI-driven financial analysis. The research methodology outlines the approach taken to investigate the research questions, encompassing data collection methods, analytical techniques, and the criteria used to assess the impact of AI on financial statement analysis. The findings of the study reveal significant insights into the transformative effects of AI on financial statement analysis, demonstrating how these technologies can enhance the accuracy, speed, and predictive capabilities of traditional analysis methods. The discussion of findings explores the implications of AI adoption for accounting professionals, organizations, and regulatory bodies, highlighting the need for continuous learning, ethical considerations, and regulatory frameworks to govern AI-driven financial analysis practices. In conclusion, this thesis summarizes the key findings, implications, and recommendations arising from the study, emphasizing the importance of embracing AI technologies in financial statement analysis while recognizing the need for ongoing research, education, and collaboration in this rapidly evolving field. The study contributes to the existing body of knowledge on AI in accounting and provides valuable insights for accounting practitioners, researchers, policymakers, and other stakeholders seeking to navigate the complexities of AI-driven financial analysis. Overall, this research underscores the transformative potential of AI in revolutionizing financial statement analysis practices, paving the way for more efficient, accurate, and insightful decision-making processes in the accounting profession.

Thesis Overview