Utilising Generative AI in the Financial Accounting Cycle: From Transaction to Financial Statement

DOI

10.2991/978-94-6463-882-0_26How to use a DOI?

Keywords

Accounting Cycle; Financial Statement; Generative AI

Abstract

Artificial intelligence (AI) literacy is crucial in education. Students need to have responsible AI literacy. Research on Generative AI (GenAI) in learning the financial accounting cycle is still limited. This study aims to analyse the Gen AI capacity and limitations in the financial accounting cycle learning. This study provides more information about GenAI in accounting education and anticipates the abilities required by accounting students in the workplace. The research approach used is a one-group pretest-posttest design, comparing the results of the pre-test and post-test (completion of the accounting cycle without GenAI and using GenAI) for a group of students. The subjects of this study were Accounting Department students who had completed accounting practice courses. The sampling technique was purposive sampling. The sample consisted of 50 students who had taken introductory accounting/basic accounting practice courses. The analysis techniques employed were descriptive analysis, paired t-tests, and the Wilcoxon signed-rank test. This study demonstrates that utilising GenAI to learn the accounting cycle significantly enhances students’ abilities to complete accounting tasks, ranging from recording transactions to preparing financial reports. GenAI is also easy to use and effective for students. However, there are limits, such as AI output that is occasionally less useful, necessitating manual verification.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - I Made Bagiada
AU  - I Wayan Karman
AU  - Ni Ketut Sukasih
AU  - I Made Ariana
PY  - 2025
DA  - 2025/11/14
TI  - Utilising Generative AI in the Financial Accounting Cycle: From Transaction to Financial Statement
BT  - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2025 (ICOSTAS-SAS 2025)
PB  - Atlantis Press
SP  - 221
EP  - 228
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-94-6463-882-0_26
DO  - 10.2991/978-94-6463-882-0_26
ID  - Bagiada2025
ER  -