Artificial Intelligence as a Tool to Reduce Creative Accounting

Abstract

 The current research aims to study the impact of artificial intelligence (AI) on enhancing the quality of accounting and auditing work and reducing creative accounting. In light of the rapid development in the technical field, AI has emerged as an important tool that can be employed to reduce creative accounting, which is one of the most prominent challenges facing the profession today, as it causes distortion of financial facts. The research relied on a descriptive and analytical approach, where data was collected from a group of auditors and accountants working in the financial and accounting sector using a customized questionnaire consisting of 46 items designed to measure the impact of AI in detecting and preventing creative accounting. The data was analyzed using the statistical program (SPSS). The research problem is to clarify the impact of AI on accounting and auditing work and its role in reducing creative practices. The research reached results, including a clear significant impact of using AI (expert systems, machine and deep learning, natural language processing, neural networks) in detecting creative accounting practices, and thus reducing them, which contributes to enhancing users' confidence in financial statements. Consequently, the research reached a set of recommendations, the most important of which is the need to expand the adoption of smart technology in the financial and accounting environment through an early focus on developing the skills of those working in the profession with the aim of enabling them to keep pace with developments and achieve maximum benefit from these smart technologies.