The Effect of Artificial Intelligence (AI) on the Future of the Accounting and Auditing Professions

The study aimed to find out the effect of artificial intelligence (AI) on the future of the
accounting and auditing professions. It refers to the impact of AI technologies in transforming
the way accounting and auditing tasks are performed. AI can automate routine processes,
improve accuracy, enhance data analysis, and optimize decision-making, potentially reshaping
job roles, increasing efficiency, and introducing new challenges and opportunities within these
professions.
The study adopted a descriptive and analytical approach to achieve its objectives. The study
sample consisted of employees of the company and lecturers at a university in the city of Erbil.
A total of 80 questionnaire forms were distributed, and 72 forms were collected. The data were
then analyzed using the statistical program SPSS (Version 25). The study reaches several
conclusions and the most important: there has a positive significant relation between our study
variables which they are AI and (Accounting – Auditing). And the study suggested a set of
suggestions, most important: Regulatory bodies and industry associations should develop
specialized training courses to enhance auditors' and accountants' proficiency in working with
AI-powered systems.