With the introduction and continuou

With the introduction and continuous improvements in computer systems, the accounting information system has evolved into much more than just paper-based ledgers and journals, but at the same time, many instances show that the computer systems were used more likely as an efficient type of paper or just a calculator, hence resulting in the development of vast databases of limited accounting information related to certain accounting transactions for the benefit of the company. Such databases do not facilitate the decision-makers in any way. One of the possible solutions to such a problem is to introduce Artificial Intelligence (AI) within the computer system of the company, with emphasis on developing such a system thatwould be able to work and react like humans and do tasks like problem-solving, planning, learning and speech recognition. Such a system would be able to overcome the problems and difficulties with the traditional accounting information system. There have been numerous studies on accounting information systems and databases, but extremely limited work is seen on Artificial Intelligence applicationsin accounting.