A Study of Benefits and Disadvantages of Business Accounting with Artificial Intelligence

Research Proposal
Structure and Marking
Schedule

Table of Contents
1. INTRODUCTION.......................................................................................................................1
1.1 Research Rationale...........................................................................................................1
1.2 Research Context..............................................................................................................1
1.3 Research Aim ..................................................................................................................1
1.4 Research Objectives and Questions..................................................................................2
2. LITERATURE REVIEW............................................................................................................2
2.1 To identify the concept of artificial intelligence..............................................................3
2.2 To determine the impact of using artificial intelligence in business accounting at Deloitte.
................................................................................................................................................3
2.3 To ascertain the challenges faced by company while using artificial intelligence in
business accounting................................................................................................................4
3. RESEARCH METHODOLOGY.................................................................................................5
3.1 Research Philosophy........................................................................................................5
3.2 Research approach and Strategy.......................................................................................5
3.3 Research design................................................................................................................6
3.4 Sampling...........................................................................................................................6
3.5 Data Collection.................................................................................................................6
3.6 Data Analysis....................................................................................................................6
3.7 Ethics and limitation.........................................................................................................7
4. CONCLUSION............................................................................................................................7
REFERENCES................................................................................................................................8

Topic: A study of benefits and disadvantages of business accounting with the artificial
intelligence
1. INTRODUCTION
In this era of digitization, every company needs to be stay ahead in the competition and
that is why, they use advance techniques to run its operation in smoother way. In the same way,
current research proposal also helps to draw attention by specifying the pros and cons of using
business accounting within artificial intelligence. Further, the proposal also provide views of
different authors with regards to this topic and by selecting an appropriate methods will also help
to meet the defined aim and objectives with the specified deadline as well.
1.1 Research Rationale
The rationale behind choosing this topic is such that in this modern era, every company
uses new and digitalized techniques that helps them to stay ahead in the competition. For the
same, earlier company uses manual accounting system and then they proceed towards a
computer accounting system in which an individual make entries and then computer calculated it
automatically. But now, in this digital era, companies start using AI within their business
accounting system so that it will help them to become more productive and efficient (Shi, 2019).
That is why, through this research, researcher wants to exploring the pros and cons of the using
AI in accounting and this in turn, provides new direction for top companies to use AI in order to
make their operations smoother and reduces chances of errors as well.
1.2 Research Context
ficial intelligence is also used which helps human resources to complete their task
without any error with fast calculation. Such that in accounting profession, people mainly deal
with repetition task, thus, AI helps to replace human capabilities for better. There are many
companies who also uses the system when they have large volume of data at high speed which is
not easy for humans (Elliot, Paananen and Staron, 2019). The chosen firm for this research is
Deloitte which is one of the top accounting firm in UK who also uses Artificial intelligence
system within its company. Thus, the current research also provide the benefits and disadvantage
of using AI within a firm.
1.3 Research Aim
The aim of this study is to determine the advantage and disadvantage of business
accounting by using artificial intelligence within Deloitte. As Artificial intelligence also assist to
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