Conclusion: The Currency of Our Remade World

Collins Achepsah Leke, Michael Adelowotan

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This concluding chapter synthesises the transformative impact of artificial intelligence on accounting, auditing, and financial services, with particular emphasis on the fundamental role of data as a strategic asset. The chapter examines how the convergence of AI, underpinned by sophisticated data infrastructure, is reshaping professional roles and organisational capabilities in the financial sector. Through analysis of current research and industry practices, we demonstrate how effective data management and governance have become critical success factors in modern financial services. The discussion encompasses the technical, operational, and strategic challenges organisations face in building robust data infrastructure, implementing AI solutions, and ensuring regulatory compliance. Special attention is given to the evolution of professional roles, as traditional financial functions transform into data-driven, advisory positions requiring new combinations of technical and business skills. The chapter also explores emerging trends in quantum computing, edge processing, and artificial general intelligence, highlighting their potential impact on future financial services. Key findings indicate that organisations successful in this transformation demonstrate superior profitability and operational efficiency, while emphasising the critical balance between automation and human judgment. The conclusion presents a framework for understanding and navigating the future of financial services, where data quality, ethical considerations, and continuous professional development emerge as crucial elements for success in an AI-driven financial landscape.

Original languageEnglish
Title of host publicationContributions to Finance and Accounting
PublisherSpringer Nature
Pages209-214
Number of pages6
DOIs
Publication statusPublished - 2025

Publication series

NameContributions to Finance and Accounting
VolumePart F412
ISSN (Print)2730-6038
ISSN (Electronic)2730-6046

Keywords

  • Artificial intelligence
  • Data governance
  • Data infrastructure
  • Emerging technologies
  • Financial services
  • Professional evolution

ASJC Scopus subject areas

  • Business, Management and Accounting (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)
  • Finance

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