Accounting Software & Systems › Automation & AI in Accounting
What are the risks and controls when using AI in accounting?
AdvancedAnswer
Risks include biased or wrong outputs, lack of explainability, and over-reliance; controls include human review, audit trails, validation against source, and clear accountability.
AI-suggested coding -> accountant reviews before postingReal-world example AI drafts the entry, but a human remains accountable for the numbers.