Emerging Technologies in Accountancy and Finance: A Comprehensive Review

Abstract

This research paper provides a comprehensive review of the emerging technologies in the field of accountancy and finance. As technology continues to evolve at an unprecedented pace, the accountancy and finance sectors are being transformed by various innovative tools and systems. This paper examines key emerging technologies such as artificial intelligence, blockchain, robotic process automation, and data analytics, discussing their applications, benefits, challenges, and potential impact on the industry. By exploring the opportunities and risks associated with these technologies, this research paper aims to enhance the understanding of their implications for accountants, finance professionals, and organizations as they adapt to the rapidly changing digital landscape.