So is bookkeeping a dying profession? The profession is not dying; instead, it's evolving to meet the demands of the 21st century. Bookkeeping has been a vital component of business operations since ancient times and continues to adapt to the dynamic landscape.

Officers, employees, accountants, and other individuals involved in bookkeeping fraud can face charges and individual claims based on negligence, fraud, breach of contract, and breach of fiduciary duties.

While AI can be a powerful tool for streamlining accounting tasks, it's significant to remember that it's not infallible. Relying too heavily on AI-powered tools can lead to a dependency on technology that can be difficult to break.

Due to the application of artificial intelligence and other computing technologies to bookkeeping work, there will be less demand for people to handle routine tasks. Some observers predict the field may become obsolete over the next decade or so.