Using AI to improve decision making in accounting

Artificial intelligence (AI) is not yet advanced enough to challenge judgmental accounting and auditing decisions made by humans, but it will not be long before the technology can do so. Pete Hirsch, chief technology officer at Blackline, examines the potential of AI

Over the past couple of years, artificial intelligence (AI) has developed into the decision-making aid used today. Its progression has advanced to the point where its efficacy and trust may be starting to challenge that of a human decision-maker.

Many now feel that AI has the potential to transform audit and accounting, automating processes and enabling employees to focus on more valuable business analysis. But this has not always been the case.

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