Artificial intelligence impact in management accounting

• Autor(a) principal: Nóbrega, Vítor Hugo Costa
• Data de Publicação: 2021
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/23896
• topic: Artificial intelligence; Management accounting; Decision-making; Inferential statistics; Content analysis; Machine learning; Text analysis; Inteligência artificial; Contabilidade de gestão; Estatística inferencial; Análise de conteúdo -- Content analysis; Análise de texto

Artificial intelligence (AI) is a trending technology which has the potential to revolutionize many industries and generate a significant impact on society. Management accounting (MA) is experiencing its first steps into AI implementation. To understand how the development and implementation of AI systems impact MA and its professionals, the authors developed a research model based on both quantitative (inferential statistics) and qualitative (descriptive and content statistics) statistical analysis. Results indicate that one in four companies is implement AI technologies to perform their MA function, triggering a technological change, and the most used AI technologies are text analysis and machine learning. AI-based MA solutions have advantages such as improvement of efficiency, effectiveness, and MA professionals’ focus on more value-added tasks, but also challenges regarding operation, training, security, communication, and supply. Furthermore, findings suggest that using AI-based MA solutions improves businesses’ overall decision making and improves business competitiveness.