This review examines the current state of artificial intelligence (AI) implementation in the accounting sector, analyzing technological applications and their integration into professional workflows. Through a systematic assessment of market trends and empirical data, we identify key growth vectors in AI-driven accounting solutions, quantify their impact on productivity metrics, and evaluate their implications for the evolving role of accounting professionals. Our findings indicate that significant implementation and ethical governance challenges persist while AI adoption accelerates across the accounting ecosystem, with a projected CAGR of 45% through 2028. This review provides a technical framework for understanding how different AI modalities—from machine learning algorithms to natural language processing—reshape accounting practices and offers evidence-based projections for forthcoming developments in the field.