The dynamic landscape of the accounting industry is on the precipice of an unprecedented technological shift, driven by Regulatory Technology (RegTech), Artificial Intelligence (AI), and AI-enabled Optical Character Recognition (AI-OCR). This paper provides an in-depth exploration of these technologies, their integrations, and their transformative impact on accounting practices. RegTech's pivotal role in simplifying compliance procedures, bolstering efficiency in regulatory reporting, and proactive risk management is examined. The paper further investigates AI's influence on automation, data analysis, risk detection, and operational efficiency within the RegTech framework. The capabilities of AI-OCR in revolutionizing data extraction and management practices are also scrutinized. In amalgamation, these technologies herald a new era in accounting, with implications on auditing processes, client service, innovation, growth, and cloud-based system adaptability. Nevertheless, challenges such as data security, regulatory hurdles, and technology deployment stand in the way of seamless adoption. The paper concludes with insights into the future prospects of these technologies and their potential to redefine the accounting industry.