Sponsored
Artificial Intelligence for Audit, Forensic Accounting, and Valuation - by Al Naqvi (Hardcover)
About this item
Highlights
- Strategically integrate AI into your organization to compete in the tech era The rise of artificial intelligence is nothing short of a technological revolution.
- About the Author: AL NAQVI is the founder and CEO of the American Institute of Artificial Intelligence, the world's first AI business school.
- 320 Pages
- Business + Money Management, Accounting
Description
About the Book
"With significant and disruptive automation underway, accounting and auditing professions must rediscover themselves. The automation is permanently changing how services are developed and delivered. Due to the advent of highly cost-effective automated models that greatly outperform traditional auditing and forensic accounting, customers are demanding audit and accounting firms to automate. In this unsettling world dominated by "creative destruction", only those firms and professionals will survive and thrive who know how to adapt and innovate. At the center of all innovation are two revolutionary technologies: artificial intelligence and blockchain. The rise of artificial intelligence technology provides limitless opportunities for those who know how to adapt. Firms need a comprehensive framework for intelligent automation centric modernization. This book delivers a comprehensive framework to transform legacy firms into modern accounting and audit services firms. It provides a big picture view of building firmwide capabilities using artificial intelligence and empowers professionals by explaining: How artificial intelligence is the most important competitive advantage of modern audit and accounting firms. What is artificial intelligence and how it is being used in the industry How to compete effectively in the new age of accounting and audit. How to build your firm around artificial intelligence What are the governance challenges of AI How to deliver results with artificial intelligence"--Book Synopsis
Strategically integrate AI into your organization to compete in the tech era
The rise of artificial intelligence is nothing short of a technological revolution. AI is poised to completely transform accounting and auditing professions, yet its current application within these areas is limited and fragmented. Existing AI implementations tend to solve very narrow business issues, rather than serving as a powerful tech framework for next-generation accounting. Artificial Intelligence for Audit, Forensic Accounting, and Valuation provides a strategic viewpoint on how AI can be comprehensively integrated within audit management, leading to better automated models, forensic accounting, and beyond.
No other book on the market takes such a wide-ranging approach to using AI in audit and accounting. With this guide, you'll be able to build an innovative, automated accounting strategy, using artificial intelligence as the cornerstone and foundation. This is a must, because AI is quickly growing to be the single competitive factor for audit and accounting firms. With better AI comes better results. If you aren't integrating AI and automation in the strategic DNA of your business, you're at risk of being left behind.
- See how artificial intelligence can form the cornerstone of integrated, automated audit and accounting services
- Learn how to build AI into your organization to remain competitive in the era of automation
- Go beyond siloed AI implementations to modernize and deliver results across the organization
- Understand and overcome the governance and leadership challenges inherent in AI strategy
Accounting and auditing firms need a comprehensive framework for intelligent, automation-centric modernization. Artificial Intelligence for Audit, Forensic Accounting, and Valuation delivers just that--a plan to evolve legacy firms by building firmwide AI capabilities.
From the Back Cover
Discover the revolutionary potential of artificial intelligence in the audit and assurance industry
Practical, insightful, and forward-looking, Artificial Intelligence for Audit, Forensic Accounting, and Valuation: A Strategic Perspective provides readers with a step-by-step roadmap to understanding artificial intelligence's role in the field of accounting.
The book is divided into four parts. Part One describes the fundamentals of artificial intelligence and machine learning, both technically and concep- tually. Part Two shows readers how to build automation into their audit processes using artificial intelligence. Part Three describes the impact that AI can have on your forensic accounting processes, particularly with respect to automation.
Finally, Part Four discusses how artificial intelligence will revolutionize the nature of the organization itself. Author Al Naqvi takes readers through the foundational changes set to sweep through client management, project management, and governance within companies. Perfect for both experienced and novice accountants in a variety of fields and industries, Artificial Intelligence for Audit, Forensic Accounting, and Valuation belongs on the bookshelves of every professional with even a passing interest in the current and future impact of artificial intelligence in finance.
About the Author
AL NAQVI is the founder and CEO of the American Institute of Artificial Intelligence, the world's first AI business school. He is a pioneer researcher, scientist, entrepreneur, and innovator in artificial intelligence, data science, and machine learning in Audit, Assurance, Investment Management, Accounting, and Fintech applications. A former CFO, C-Level executive of Fortune 500 company, and a tech entrepreneur, he teaches Machine Learning and AI at the American Institute of AI.
linkedin.com/in/alnaqvi