A.I HOW DOES THE ACCOUNTING AND FINANCIAL PROFIT BE AFFECTED?

AI (Artificial Intelligence) technology is currently the most interesting technology in development and application today. Artificial intelligence (AI) is being applied in many areas of life such as facial recognition, voice processing, etc. to security and privacy systems or legal and government systems.

Artificial intelligence is and will be used more in the manufacturing and business industries and accounting is no exception. Around the world, accounting software like Intuit’s Turbo Tax, Xero software, and some companies like QuickBooks are providing cloud-based accounting software. AI is replacing accountants in tasks such as calculating taxes, classifying invoices, checking payment data, and preparing financial statements. In Vietnam, the application of artificial intelligence to the accounting industry is still quite new, but certain achievements have been achieved. These include Amis’ accounting software, Melnvoice’s e-invoice service, and Misa’s accounting software.

The benefits and challenges that artificial intelligence brings to the accounting industry today are:

Firstly, Accounting – Auditing will use technology to work instead of traditional jobs to improve productivity & efficiency.

Second, the rise and development of accounting and auditing software.

Third, the complement of AI technology and automated accounting processes.

To better understand the information of “How does AI affect the accounting and finance profession?” then, the Faculty of Finance and Banking of Hoa Sen University has just attended a series of direct consultations of the Faculty under the guidance of Mr. Do Thi Hong Ha – Vice Dean of Finance – Banking Faculty of Hoa Sen University.

PARTICIPATION INFORMATION:

Time: Sunday, July 23, 2023, 20:00 – 21:00

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