AI and Generative AI for Accounting

The accounting profession is undergoing a profound transformation as artificial intelligence (AI) and generative AI reshape how financial information is recorded, analyzed, and interpreted. What was once a discipline centered on manual processes and rule-based systems is rapidly evolving into a technology-enabled function that emphasizes insight, judgment, and strategic value. AI and Generative AI for Accounting is written to bridge the gap between traditional accounting principles and the intelligent technologies that are redefining the profession. This book introduces readers to the foundations of AI in accounting and finance, explains core AI and generative AI technologies in clear and practical terms, and demonstrates how these tools are being applied across transaction processing, bookkeeping, reporting, compliance, audit, and management accounting.


Structured to move from fundamentals to advanced applications, the chapters guide readers through real-world use cases and decision-support scenarios that highlight both the opportunities and responsibilities that come with AI adoption. Special emphasis is placed on generative AI as a transformative force in professional judgment, forecasting, and strategic planning, while also addressing ethical considerations, governance, and the future role of accountants. The capstone, research, and industry projects are designed to help learners translate concepts into practice, encouraging experimentation, critical thinking, and innovation. This book aims to equip students, educators, and practitioners with the knowledge and confidence needed to thrive in an accounting landscape where human expertise and intelligent systems work together.