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Open Journal of Business and Management, 2018, 6, 850-856 ISSN Online: 2329-3292 ISSN Print: 2329-3284 DOI: 10.4236/ojbm.2018.64063 Aug. 31, 2018 850 Open Journal of Business and Management Analysis of the Impact of Artificial Intelligence Application on the Development of Accounting Industry Jiaxin Luo, Qingjun Meng, Yan Cai School of Business, University of Hohai, Nanjing, China Abstract With the rapid development of information technology and the needs of economic society, artificial intelligence has ushered in the golden age. The application of artificial intelligence technology in the accounting field is an inevitable trend, which will bring tremendous changes and development to the accounting industry. This paper takes the application of artificial intelli- gence in the accounting industry as the research object, analyzes the impact of artificial intelligence on the development of accounting industry, and puts forward relevant suggestions for its existing problems. Keywords Artificial Intelligence, Accounting, Transformation 1. Introduction In 1956, at the University of Dartmouth seminar in the United States, John McCarthy and other computer experts first proposed the concept of “artificial intelligence” [1] , marking the birth of artificial intelligence. Nowadays, with the wave of artificial intelligence sweeping across the globe, the International Joint Conference on Artificial Intelligence continues to research related technologies, and the world’s major developed countries regard the development of artificial intelligence as a major strategy to enhance national competitiveness. In 2017, ar- tificial intelligence was first written into the Chinese government work report, and 15 departments including the Ministry of Finance worked together to build the world’s major artificial intelligence innovation center [2] . Nowadays, artifi- cial intelligence technology has been widely used in agriculture, commerce, education, and service industries. The golden age of artificial intelligence has ar- How to cite this paper: Luo, J.X., Meng, Q.J. and Cai, Y. (2018) Analysis of the Impact of Artificial Intelligence Application on the Development of Accounting Indus- try. Open Journal of Business and Man- agement , 6, 850-856. Received: July 30, 2018 Accepted: August 28, 2018 Published: August 31, 2018 Copyright © 2018 by authors and Scientific Research Publishing Inc. This work is licensed under the Creative Commons Attribution International License (CC BY 4.0). Open Access
J. X. Luo et al. DOI: 10.4236/ojbm.2018.64063 851 Open Journal of Business and Management rived. With the rapid development of artificial intelligence technology and its wide application in various fields, the trend of human work being replaced by robots is intensifying. The involvement of artificial intelligence in the accounting in- dustry will inevitably affect and subvert the traditional development mode and bring innovation to the accounting industry. The 2017 Chinese Government

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