THE IMPACT OF LARGE-SCALE LANGUAGE MODELS ON THE FUTURE DEVELOPMENT OF ACCOUNTING

With the rapid development of Large-scale language models (LLMs), attempts to apply artificial intelligence (AI) to various fields have become increasingly common, and accounting-related professions have been identified as among those vulnerable to replacement by AI. This study aims to provide a concise overview of the development of AI and the technological framework of LLMs, and to explore in depth the implications of their development for the accounting. This study argues that the power of LLMs lies in their vast amount of data and large number of parameters; however, the interpretability of the models is challenging and the application of general-purpose AI to the accounting profession requires further development. Although it is difficult for general-purpose LLMs to have a direct impact on accounting, the development of AI will change the accounting environment and specific objects, which will reshape the content of accounting work, the competence framework of accountants and the market for accounting services.