The mediation role of Information Technology between Artificial Intelligence and Modern Accounting: Opportunities and Challenges

Bryar Sami Abdulrahman; Sardar Jalal Braim

doi:10.25212/lfu.qzj.9.3.53

Authors

Bryar Sami Abdulrahman Department of Accounting and Finance, College of Administration and Economics, Lebanese French University, Kurdistan Region, Iraq
Sardar Jalal Braim Department of Accounting and Finance, College of Administration and Economics, Lebanese French University, Kurdistan Region, Iraq

DOI:

https://doi.org/10.25212/lfu.qzj.9.3.53

Keywords:

Artificial intelligence, Modern accounting, Information technology, Reliability, Consistency, Relevance.

Abstract

The aim of this research is to examine and assess the mediator role of information technology (IT) in the amalgamation of artificial intelligence (AI) and contemporary accounting methodologies. The present study employed a quantitative research design to investigate the mediating role of information technology in the relationship between artificial intelligence (AI) and contemporary accounting practices. The study aims to include a sample size of 138 participants from different private businesses in Erbil. The findings revealed that the reliability of information technology mediates the relationship between artificial intelligence and modern accounting, accordingly, the first research hypothesis was supported. Moreover, it was found that the consistency of information technology mediates the relationship between artificial intelligence and modern accounting, accordingly, the second research hypothesis was supported. Lastly, it was found that the relevance of information technology mediates the relationship between artificial intelligence and modern accounting, accordingly, the third research hypothesis was supported. In order to effectively leverage the capabilities of artificial intelligence (AI) in contemporary accounting practices, it is imperative to establish a strong collaborative relationship between the information technology (IT) and accounting departments.

Downloads

Download data is not yet available.

References

Ågerfalk, P. J. (2020). Artificial intelligence as digital agency. European Journal of Information Systems, 29(1), 1-8.

Al-Matari, A. S., Amiruddin, R., Aziz, K. A., & Al-Sharafi, M. A. (2022). The impact of dynamic accounting information system on organizational resilience: the mediating role of business processes capabilities. Sustainability, 14(9), 4967.

Alnamrouti, A., Rjoub, H., & Ozgit, H. (2022). Do strategic human resources and artificial intelligence help to make organizations more sustainable? evidence from non-governmental organizations . Sustainability, 14(12), 7327.

Ameen, N., Tarhini, A., Reppel, A., & Anand, A. (2021). Customer experiences in the age of artificial intelligence. Computers in Human Behavior, 114, 106548.

Berikol, B. Z., & Killi, M. (2021). The effects of digital transformation process on accounting profession and accounting education. Ethics and Sustainability in Accounting and Finance, Volume II, 219-231.

Coman, D. M., Ionescu, C. A., Duică, A., Coman, M. D., Uzlau, M. C., Stanescu, S. G., & State, V. (2022). Digitization of accounting: The premise of the paradigm shift of role of the professional accountant. Applied Sciences, 12(7), 3359.

Dabbous, A., Aoun Barakat, K., & Merhej Sayegh, M. (2022). Enabling organizational use of artificial intelligence: an employee perspective. Journal of Asia Business Studies, 16(2), 245-266.

Damerji, H., & Salimi, A. (2021). Mediating effect of use perceptions on technology readiness and adoption of artificial intelligence in accounting. Accounting Education, 30(2), 107-130.

Dong, J. Q., Karhade, P. P., Rai, A., & Xu, S. X. (2021). How firms make information technology investment decisions: Toward a behavioral agency theory. Journal of Management Information Systems, 38(1), 29-58.

Frederica, D. (2019). The impact of investment opportunity set and cost of equity toward firm value moderated by information technology governance. International Journal of Contemporary Accounting, 1(1), 1-12.

Gonçalves, M. J. A., da Silva, A. C. F., & Ferreira, C. G. (2022, February). The future of accounting: how will digital transformation impact the sector?. In Informatics (Vol. 9, No. 1, p. 19). MDPI.

Ifada, L. M., & Komara, A. (2023). Digital Literacy and The Changing Landscape of The Accounting Profession: The Role of Technology Adoption Model. Jurnal Kajian Akuntansi, 7(1), 125-141.

Khan, M. A., Khojah, M., & Vivek. (2022). Artificial intelligence and big data: The advent of new pedagogy in the adaptive e-learning system in the higher educational institutions of Saudi Arabia. Education Research International, 2022, 1-10.

Lehner, O. M., Ittonen, K., Silvola, H., Ström, E., & Wührleitner, A. (2022). Artificial intelligence based decision-making in accounting and auditing: ethical challenges and normative thinking. Accounting, Auditing & Accountability Journal, 35(9), 109-135.

Lin, R. R., Zheng, Y., & Lee, J. C. (2023). Artificial intelligence-based pre-implementation interventions in users' continuance intention to use mobile banking. International Journal of Mobile Communications, 21(4), 518-540.

Liu, L., Yang, K., Fujii, H., & Liu, J. (2021). Artificial intelligence and energy intensity in China’s industrial sector: Effect and transmission channel. Economic Analysis and Policy, 70, 276-293.

Matthews, G., Hancock, P. A., Lin, J., Panganiban, A. R., Reinerman-Jones, L. E., Szalma, J. L., & Wohleber, R. W. (2021). Evolution and revolution: Personality research for the coming world of robots, artificial intelligence, and autonomous systems. Personality and individual differences, 169, 109969.

Monteiro, A., & Cepêda, C. (2021). Accounting information systems: scientific production and trends in research. Systems, 9(3), 67.

Nickel, P. J. (2022). Trust in medical artificial intelligence: a discretionary account. Ethics and Information Technology, 24(1), 7.

Panichayakorn, T., & Jermsittiparsert, K. (2019). Mobilizing organizational performance through robotic and artificial intelligence awareness in mediating role of supply chain agility. International Journal of Supply Chain Management, 8(5), 757-768.

Qasaimeh, G. M., & Jaradeh, H. E. (2022). The impact of artificial intelligence on the effective applying of cyber governance in jordanian commercial banks. International Journal of Technology, Innovation and Management (IJTIM), 2(1).

Qian, Y., Liu, J., Shi, L., Forrest, J. Y. L., & Yang, Z. (2023). Can artificial intelligence improve green economic growth? Evidence from China. Environmental Science and Pollution Research, 30(6), 16418-16437.

Sahib, S. A., & Wahhab, A. M. A. (2023). The Experience of the Internal Auditor in Reducing the Penetration of Computerized Data and its Effect on the Bank Continuity: Evidence from the Emerging Markets. Technium Social Sciences Journal, 45, 106-126.

Saleh, M. M. A., Jawabreh, O. A., Al Om, R., & Shniekat, N. (2021). Artificial intelligence (AI) and the impact of enhancing the consistency and interpretation of financial statement in the classified hotels in aqaba, Jordan. Academy of Strategic Management Journal, 20(3), 1-18.

Spring, M., Faulconbridge, J., & Sarwar, A. (2022). How information technology automates and augments processes: Insights from Artificial‐Intelligence‐based systems in professional service operations. Journal of Operations Management, 68(6-7), 592-618.

Thottoli, M. M., & Ahmed, E. R. (2022). Information technology and E-accounting: some determinants among SMEs. Journal of Money and Business, 2(1), 1-15.

Thottoli, M. M., & Ahmed, E. R. (2023). Determining Factors and IT Adoption by Auditing Limited Liability Partnerships: Mediating Effect of IT Confidence. International Journal of Economics, Management and Accounting, 99-126.

Vărzaru, A. A. (2022). Assessing artificial intelligence technology acceptance in managerial accounting. Electronics, 11(14), 2256.

Wamba-Taguimdje, S. L., Wamba, S. F., Kamdjoug, J. R. K., & Wanko, C. E. T. (2020). Impact of artificial intelligence on firm performance: exploring the mediating effect of process-oriented dynamic capabilities. In Digital Business Transformation: Organizing, Managing and Controlling in the Information Age (pp. 3-18). Springer International Publishing.

Wang, S., Sun, Z., & Chen, Y. (2023). Effects of higher education institutes’ artificial intelligence capability on students' self-efficacy, creativity and learning performance. Education and Information Technologies, 28(5), 4919-4939.

Wanner, J., Herm, L. V., Heinrich, K., & Janiesch, C. (2022). The effect of transparency and trust on intelligent system acceptance: Evidence from a user-based study. Electronic Markets, 32(4), 2079-2102.

Wu, Y., Liu, Q., Zhou, S., Zhou, M., & Li, X. (2023). The Analysis of Key Success Factors Affecting the Satisfaction of Agricultural Organizational Information Systems: The Mediation Role of Information Quality. Journal of Organizational and End User Computing (JOEUC), 35(1), 1-14.