Question: please provide reference for this answer Step 1/2 Accounting runctions Introduction: The advent of artificial intelligence (AI) has led to significant advancements in various industries,

please provide reference for this answer

Step 1/2 Accounting runctions Introduction: The advent of artificial intelligence (AI) has led to significant advancements in various industries, including accounting. This critical literature review aims to analyze two articles discussing the use of Al in accounting functions, how certain functions are changing, and contrasting these with traditional methods. Explanation: Article 1: Source: "How Artificial Intelligence is Changing Accounting" by Sean Stein Smith, Journal of Accountancy (2018) In this article, Smith discusses how Al is transforming the accounting landscape through automation, data analysis, and decision-making. The author highlights three critical areas where Al is making a difference: data entry, data reconciliation, and financial statement preparation. The use of AI has streamlined these tasks by automating repetitive and manual tasks, reducing human error, and freeing up accountants to focus on more strategic and value-added activities. Explanation Please refer to solution in this step. Step 1/2 Accounting runctions Introduction: The advent of artificial intelligence (AI) has led to significant advancements in various industries, including accounting. This critical literature review aims to analyze two articles discussing the use of Al in accounting functions, how certain functions are changing, and contrasting these with traditional methods. Explanation: Article 1: Source: "How Artificial Intelligence is Changing Accounting" by Sean Stein Smith, Journal of Accountancy (2018) In this article, Smith discusses how Al is transforming the accounting landscape through automation, data analysis, and decision-making. The author highlights three critical areas where Al is making a difference: data entry, data reconciliation, and financial statement preparation. The use of AI has streamlined these tasks by automating repetitive and manual tasks, reducing human error, and freeing up accountants to focus on more strategic and value-added activities. Explanation Please refer to solution in this step

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