Artificial intelligence (AI) has become a central driver of change within the accounting and auditing professions. Its capabilities—ranging from automating repetitive financial tasks to providing advanced analytical insights—are transforming how financial information is prepared, monitored and assured. This paper presents a consolidated review of secondary literature published between 2020 and 2025 to investigate how AI is reshaping accounting and auditing practices. The evidence shows that AI improves efficiency, enhances accuracy and strengthens audit effectiveness. However, its adoption simultaneously raises concerns regarding ethical integrity, data transparency, system reliability and the digital skills required of professionals. The findings suggest that AI will operate as a complementary tool that elevates the professional role rather than replacing human expertise. The review concludes with implications for practitioners, educators and regulators as they navigate the evolving technological landscape.
Manish Jha (2026) studied this question.