Thesis Abstract

Abstract
The integration of artificial intelligence (AI) in various sectors has brought about notable transformations in the way tasks are executed, leading to increased efficiency and accuracy. In the field of accounting, AI has emerged as a disruptive force, particularly in financial reporting processes. This thesis explores the impact of AI on financial reporting in accounting, aiming to provide insights into the benefits and challenges associated with its implementation. The study examines how AI technologies such as machine learning, natural language processing, and robotic process automation have revolutionized financial reporting practices, enabling quicker data analysis, improved decision-making, and enhanced compliance with accounting standards. Chapter One sets the foundation for the research by introducing the topic, discussing the background of the study, stating the problem statement, outlining the objectives, addressing the limitations and scope of the study, highlighting the significance, and presenting the structure of the thesis. Chapter Two delves into a comprehensive literature review encompassing ten key themes related to AI in financial reporting, including its historical context, theoretical frameworks, technological advancements, regulatory implications, and ethical considerations. Chapter Three elucidates the research methodology employed in this study, detailing the research design, data collection methods, sampling techniques, data analysis procedures, and ethical considerations. It also discusses the theoretical framework guiding the research and the limitations of the methodology. Chapter Four presents a detailed analysis of the findings, drawing on empirical data to explore the practical implications of AI adoption in financial reporting. This chapter critically evaluates the benefits and challenges of AI implementation, identifies key trends, and offers recommendations for enhancing the effectiveness of AI technologies in accounting practices. In Chapter Five, the conclusion and summary of the thesis are provided, encapsulating the key findings, implications, and contributions of the research. The study underscores the transformative potential of AI in financial reporting, emphasizing the need for accounting professionals to adapt to the evolving technological landscape. By shedding light on the impact of AI on financial reporting in accounting, this thesis contributes to the existing body of knowledge and offers valuable insights for practitioners, policymakers, and researchers navigating the intersection of AI and accounting practices.

Thesis Overview