Artificial Intelligence Applications in Accounting and Financial Management: From Automation to Smart Forecasting (AI in the business world series, Band 1) - Softcover

Inhaltsangabe

Is your finance team still buried in spreadsheets, manual reconciliations, and month-end scrambles—while competitors are already using AI to close their books in days instead of weeks?

The accounting and finance profession is undergoing its biggest transformation in decades. Artificial Intelligence Applications in Accounting and Financial Management is the practical, no-fluff guide that shows exactly how AI is reshaping every corner of financial management—and how you can put it to work starting now.

Written by Dr. Sameh Al-Nasiri, Finance, Audit, and AI Applications Expert, this book cuts through the hype to deliver real frameworks, real numbers, and real results.

Inside, you'll discover:

• The five core AI technologies every finance professional must understand—Automation, RPA, Machine Learning, Generative AI, and Predictive Analytics—explained in plain language, not jargon
• How to automate invoice processing, accounts payable/receivable, bank reconciliations, and month-end close
• How AI is transforming internal audit — from sampling 5% of transactions to analyzing 100% of them in real time
• Smarter budgeting, cash flow forecasting, and scenario planning that catches problems 90 days before they happen
• AI applications in risk management, treasury, tax, cost accounting, pricing, ESG reporting, and IFRS compliance
• A practical, step-by-step 12-month roadmap for implementing AI in your own finance department — starting with low-cost "quick win" projects

Six real-world case studies—spanning government agencies, manufacturing, investment firms, and telecommunications—show exactly how organizations cut invoice processing costs by 77%, improved budget accuracy from 72% to 94%, prevented a $1.8 million fraud attempt, and recovered millions in hidden profit margin. Every case includes the challenge, the AI-based solution, and the measurable financial result.

This isn't a book about replacing accountants with robots. It's a book about what happens when skilled financial professionals learn to work with AI instead of being left behind by it—becoming faster, sharper, and more strategically valuable than ever.

Whether you're a financial manager exploring your first AI pilot project, an auditor navigating algorithmic risk and governance, an accounting student preparing for the future of the profession, or a trainer looking for ready-made case studies and assessment materials—this book gives you the concepts, the tools, and the confidence to lead the transformation instead of reacting to it.

Complete with a glossary of key terms, an Excel function reference guide, solved practical exercises, a comprehensive question bank, ready-to-use correspondence templates, and an AI-readiness checklist—this is the most practical, hands-on guide to AI in finance available today.

The future of finance is already here. The only question is whether you'll lead it or catch up to it.

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