For your response posts, address the following: Comment on your classmates' posts and welcome them to the class. What additional ways do you think AI will affect the future of accounting within broader society? Do you agree with your classmates about the benefits or drawbacks of these developments? Provide an example of how creative responses to technological change might be needed for the future of accounting.

Kathy Foster posted Aug 27, 2025 7:54 PM ve Subscribe Hello everyone, My name is Kathy Foster. I work as a Sales & Use Tax Analyst. I'm pursuing my degree through SNHU and am excited to be part of this class! Outside of work and school, I enjoy reading, hiking, and kayaking. I also have a growing interest in forensic accounting and ethical compliance, which has shaped some of my recent academic projects. Artificial Intelligence (AT) is already reshaping the accounting profession, particularly in auditing. Al can analyze entire datasets rather than relying on sampling, which improves anomaly detection. It can automate journal entry testing, identify high-risk transactions early in the audit process, and enhance audit planning and risk assessment by processing large volumes of unstructured data quickly and accurately (Dennis, 2024). These capabilities allow auditors to focus on actual risk and improve efficiency without compromising audit quality. These changes are largely beneficial, especially in terms of audit quality, speed, and reliability. However, challenges remain, such as the cost of implementation, lack of training, and data privacy concerns. Smaller firms may struggle with the infrastructure and resources needed to adopt AI tools effectively (Dennis, 2024). The profession must strike a balance between embracing emerging technologies and adhering to standards like GAAP and GAAS. The historical tension between public expectations and auditors' responsibilities, known as the \"fraud expectation gap\