The Application of Artificial Intelligence in Accounting Reporting within the Banking Sector

Authors

  • Ricardo Parulian Sibagariang Universitas Negeri Medan

DOI:

https://doi.org/10.54951/ijtar.v6i1.878

Abstract

Artificial Intelligence (AI) has emerged as a significant
innovation supporting digital transformation in the banking
sector. In the context of financial reporting, AI offers effective
solutions to enhance efficiency, accuracy, and transparency in
the reporting process. This study aims to analyse the role of AI
in supporting financial reporting in the banking sector,
including its benefits and the challenges faced. Using a
literature review approach, this research reveals that AI
technology enables banks to automate routine tasks, detect
anomalies in financial reports, and provide predictive data to
support strategic decision-making. However, the
implementation of AI also presents challenges such as the
need for substantial investment, system integration with
existing infrastructure, and compliance with regulations. This
study concludes that the application of AI has the potential to
revolutionize financial reporting practices, providing significant
competitive advantages while driving efficiency and security in
banking operations.

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Published

2025-05-29

How to Cite

Sibagariang, R. P. (2025). The Application of Artificial Intelligence in Accounting Reporting within the Banking Sector . INTERNATIONAL JOURNAL OF TRENDS IN ACCOUNTING RESEARCH, 6(1), 86-93. https://doi.org/10.54951/ijtar.v6i1.878