The Role of Artificial Intelligence in Enhancing the Quality of Financial Reports.

Abstract

The primary objective of this research is to employ artificial intelligence (AI) technologies as one of the modern and innovative tools in the world of technology, and to explore their role in enhancing the quality of financial reports. The aim is to ensure that financial reports accurately reflect the true reality of institutions. In light of the rapid technological advancement witnessed globally, most companies are increasingly turning to various technological solutions and integrating them into their financial activities by processing data and information through AI applications—minimizing reliance on human effort. This approach enables companies to obtain accurate and unbiased information, which directly contributes to producing financial reports that mirror their actual performance. The research problem lies in examining the impact of AI applications on improving the quality of financial reports, which serve as a fundamental pillar in decision-making processes for both internal and external stakeholders. This, in turn, positively influences the preparation of financial reports. The study includes both theoretical and practical components and adopts a descriptive-analytical methodology to test its hypotheses. The research tool used was a questionnaire distributed to a sample consisting of accountants, auditors, and programmers from two telecommunications companies: Asiacell and Zain. A total of 150 questionnaires were distributed, and 130 responses were received. The statistical analysis was conducted using the SPSS software.  The study concluded that AI technologies—such as machine learning, deep learning, expert systems, and neural networks—have a positive impact on enhancing the quality of financial reports. Among the key findings is that AI has become one of the essential pillars of digital transformation across various sectors, due to its capabilities in rapid processing, pattern analysis, and data-driven decision-making. In the accounting field in particular, AI has emerged as a strategic tool that contributes to improving the quality of accounting information, thereby enhancing the accuracy of financial reports through technologies like machine learning and neural networks. The research also presented several recommendations, most notably the need for financial institutions to adopt digital accounting systems supported by AI technologies, which would contribute to improving and elevating the quality of financial reports in accordance with international standards.