ADELANTE
Institutional Repository

Prompted by the theories of Diffusion of Innovation, Rational Expectation, and Classical Theory of Artificial Intelligence, this study examines the current and future of the accounting profession in the presence of incorporating Artificial Intelligence (AI) in accounting software. This qualitative study uses a semi-structured interview through a two-round Delphi method. Participants had ten composing accounting professionals and accounting software developers currently working in Cebu. Findings show that artificial intelligence now aids accounting professionals in accounting operations, enabling them to develop a more comprehensive accounting strategy through advanced accounting and financial accessibility. While in the future, artificial intelligence is foreseen to complement but will not entirely dominate the accounting profession. The result of this study is significant because it revealed that the existence of AI in the accounting industry is not something to be afraid of but something to appreciate. The primary purpose of Artificial Intelligence is to complement human intelligence. It is a common
misconception that artificial intelligence will replace humans. Therefore, even as artificial intelligence heightens over time, it will still retain a low threat when taking over jobs. It could not replace accountants' crucial decision-making and real-world financial approaches.