Applying Artificial Intelligence in Accounting and Auditing in Vietnam: Opportunities and Challenges

The Industrial Revolution 4.0 has brought about a plethora of new opportunities and challenges in the fields of accounting and auditing today. Meeting the demands for innovation in line with modern trends, such as the adoption of computerized accounting, cloud computing, and digital technologies, requires accountants and auditors to be tech-savvy and proficient in using technology in their work. This article provides an overview of the theoretical foundations regarding its origin, concepts of artificial intelligence, and the application of AI in accounting and auditing at companies around the world and in Vietnam. It highlights the significance for businesses to implement AI in accounting and auditing and offers suitable solutions to keep pace with global development needs.