Impact of intelligent system adoption and effectiveness in management accounting

Abstract

Major concerns about intelligent systems (IS) have grown in importance in today's modern, dynamic, and competitive corporate environment. Concerning the time frame, the prominence of intelligent systems will increase across businesses and with a prominent increase in the effectiveness of tasks compared to the efficacy of humans. Companies must adapt and begin to consider combining human and intelligent system skills. The focus of this study is the profession of management accounting (MA) as being a specialist, the majority of their day-to-day timings are utilized in routine jobs, which IS can easily manage. The impact of IS was explored in this research. Based on the questionnaire, MA see IS as the processes supplementary to their functions, but they resist change. Forced to effectiveness in MA for long-term decisions, regular work is perceived as having many benefits. Even with the advancement in the field, some challenges are still to be overcome. These challenges relate to both the lack of transparency as well as the ability of people to work on these systems. But one thing is certain: intelligent systems can change MA somehow.