Intelligent Accounting Information Systems in Corporate Financial Management: Application and Challenges

Authors

  • Min Liu Wuhan Hengjia Rongfeng Trading Co., Ltd., Wuhan 430010, China

Keywords:

intelligent accounting information systems, financial management, automation, real-time reporting, budget management, risk control, cost optimization, technological challenges, management change, data security, staff training, legal compliance, digital transformation, practical recommendations, policy support, future research directions

Abstract

This study delves into the application and challenges of Intelligent Accounting Information Systems (IAAIS) in corporate financial management. Through literature review, case analysis, and third-party data, this paper reveals how IAAIS enhances the efficiency and effectiveness of corporate financial management through automated accounting processes, real-time financial reporting, budget management, risk control, and cost optimization. It also identifies key challenges in technology integration, management change, data security, staff training, and legal compliance. The research indicates that despite challenges, with appropriate strategies and practices, companies can effectively implement IAAIS to achieve digital transformation in financial management. Additionally, the paper proposes practical, and policy recommendations based on research findings, as well as potential directions for future research.

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Published

2024-12-13

How to Cite

Min Liu. (2024). Intelligent Accounting Information Systems in Corporate Financial Management: Application and Challenges. ournal of orld conomy, 3(4), 85–94. etrieved from https://www.pioneerpublisher.com/jwe/article/view/1101

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Section

Articles