Artificial Intelligence for Audit, Forensic Accounting, and Valuation: A Strategic Perspective
- 5h 14m
- Al Naqvi
- John Wiley & Sons (US)
- 2020
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.
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
In this Book
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Introduction—Staying Ahead of the Emergent Risk
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Fourth Industrial Revolution and its Impact on Audit
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What is Artificial Intelligence?
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Rise of Machine Learning
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Machine Learning
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Building an IAA Audit Firm—The Planning Toolkit
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Obtain, Retain, and Preplan with AI
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Automated Inherent Risk Assessment
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Automating Internal Controls Assessment
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Automated Procedures
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Reporting and Post-Audit Management
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Intelligent Automation of Fraud Detection
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Forensic Accounting
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Managing for Value and Valuation
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Tying it Together and Robots
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Client Management
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AI Organization and Project Management
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Governance and Ethics