Thesis Abstract

Abstract
This thesis investigates the impact of artificial intelligence (AI) on financial reporting within the accounting industry. The integration of AI technologies into financial reporting processes has brought about significant changes and challenges in the way financial information is generated, analyzed, and reported. The study aims to provide a comprehensive analysis of how AI is transforming financial reporting practices, the benefits and potential risks associated with its implementation, and the implications for accounting professionals and stakeholders. Chapter One introduces the research topic and provides an overview of the background, problem statement, objectives, limitations, scope, significance, and structure of the thesis. The chapter also defines key terms relevant to the study, laying the foundation for the subsequent chapters. In Chapter Two, a detailed literature review is conducted to explore existing research and scholarly work related to AI in financial reporting. The review covers ten key themes, including the evolution of AI in accounting, the impact of AI on financial reporting quality, AI applications in auditing, and the role of AI in decision-making processes. Chapter Three focuses on the research methodology employed in the study. It includes discussions on the research design, data collection methods, sampling techniques, data analysis procedures, ethical considerations, and the theoretical framework guiding the research. This chapter outlines the steps taken to investigate the impact of AI on financial reporting within the accounting industry. Chapter Four presents the findings of the study based on the analysis of data collected through qualitative and quantitative research methods. The chapter delves into the implications of AI on financial reporting practices, the challenges encountered by accounting professionals, and the opportunities for improvement in reporting accuracy and efficiency. In Chapter Five, the conclusion and summary of the thesis are provided, highlighting the key findings, implications, and recommendations for future research and practice. The study concludes by emphasizing the importance of understanding and adapting to the evolving landscape of AI in financial reporting to enhance decision-making processes and ensure the integrity of financial information. Overall, this thesis contributes to the growing body of knowledge on the impact of AI on financial reporting in the accounting industry, offering insights into the opportunities and challenges arising from the adoption of AI technologies. The findings of this study aim to inform accounting professionals, policymakers, and stakeholders about the implications of AI in financial reporting and encourage further research in this area to drive innovation and enhance the quality of financial information.

Thesis Overview