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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM66210

“Adoption of Artificial Intelligence in Indian Accounting: opportunities, challenges and future prospects”

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM66210

Volume:

10 |

7 |

Jul 2026

Pages:

1-3

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

AMC

Anusha M C

Assistant professor DoS in Commerce,

Vidyavardhaka First Grade College, Mysuru

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Abstract

The integration of Artificial Intelligence (AI) into accounting practices is transforming the financial landscape in India. AI technologies such as machine learning, robotic process automation, and data analytics are enhancing efficiency, accuracy, and decision-making processes. This study examines the adoption of AI in Indian accounting, highlighting its opportunities, challenges, and prospects. While AI offers significant benefits such as automation, cost reduction, and fraud detection, its implementation is hindered by factors such as high costs, skill gaps, and data security concerns. The paper concludes that a balanced approach involving technological advancement and human expertise is essential for the successful adoption of AI in accounting.

KEYWORDS

artificial intelligence opportunities challenges.

Cite This Article

Anusha M C, "“Adoption of Artificial Intelligence in Indian Accounting: opportunities, challenges and future prospects”," International Journal of Scientific Research in Engineering and Management, vol. 10, no. 7, pp. 1-3, Jul 2026.

Full Article/Conclusion

Artificial Intelligence is reshaping the accounting profession in India by improving efficiency, accuracy, and decision-making. Despite challenges such as high costs, data security concerns, and skill gaps, the future of AI in accounting remains promising. With proper training, regulatory support, and technological advancements, AI has the potential to revolutionize Indian accounting and make it more dynamic, efficient, and globally competitive.

References

·                  Dr. Prakashkumar Bhursing Pargi (2023) “transforming indian accounting: the role of artificial intelligence in modernizing practices”, International Educational Journal of Science & Engineering, E-ISSN No : 2581-6195 | Volume : 6 | Issue : 6. ·                  Ms. Dimple Manish Choudhary, Ms. Nayana Lagade, Mr. Kiran Sakharam More (2024), “The Impact And Evolution Of Artificial Intelligence In The Indian Accounting And Finance Sector”, International Journal Of Innovation In Engineering Research & Management Issn: 2348-4918. ·                  Priscilla R, Dr. Kanika Dhingra, “The Rising Use of AI in Accounting”, International Journal for Multidisciplinary Research (IJFMR) E-ISSN: 2582-2160. ·                  https://www.mileseducation.com/blog/accounting/top-10-ai-tools-for-accountants-in-india ·                  https://www.caalley.com/news-updates/indian-news/nfra-seeks-ai-tools-to-improve-financial-reporting-quality ·                  https://swayam-plus.swayam2.ac.in/courses/course-details?id=P_IITMPR_23

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Publication Date

7/18/2026

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Double-Blind Peer Review

Review Rounds: 2

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