AI in Financial Decision Making

1. Auflage 2025
ISBN: 978-1-041-01976-3
Verlag: Taylor & Francis Ltd

Buch, Englisch, 342 Seiten, Format (B × H): 152 mm x 229 mm

Written by experts who have trained global audiences in finance and designed real-life solutions, this book provides exactly what financial decision-makers need: a survival kit for disruptive times.

The increasing use of AI has posed challenges and brought benefits at organizational and individual levels. However, financial decision-makers are often not equipped with the necessary skills and may even feel threatened by the speed at which AI is automating the decision-making process. Taking a balanced view encompassing applications from operations, finance, and risk management, this book does not aim to turn finance experts into coders but to clearly connect AI and ML tools to specific business issues. This will help financial decision-makers actively engage with projects involving the implementation of ML tools in their organizations. Beyond simple ML tool identification, the book goes one step further and provides representative codes that the reader can use by tweaking information to make it relevant to their own situation. To keep up with the rapid developments in AI and ML, the book is accompanied by a website where tools and codes will be regularly updated as standards change.

Anyone involved in financial decision-making will find this book to be an invaluable resource, whether CFO, finance director, management accountant, budget officer, auditor, strategic planner, or early career professional.

Zielgruppe

Postgraduate and Professional Practice & Development

Autoren/Hrsg.

Ahmed, Arif

Ahmed, Arnaaz

Hingarh, Veena

Fachgebiete

• Mathematik | Informatik EDV | Informatik Informatik Künstliche Intelligenz Maschinelles Lernen
• Wirtschaftswissenschaften Betriebswirtschaft Management Strategisches Management
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Mathematik | Informatik EDV | Informatik Daten / Datenbanken
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Produktionsmanagement, Qualitätskontrolle
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Chapter 1: Introduction. Chapter 2: Financial Forecasting and Budgeting. Chapter 3: Cost Management and Optimization. Chapter 4: Performance Measurement and Management. Chapter 5: Strategic Planning and Decision Support. Chapter 6: Inventory and Supply Chain Management. Chapter 7: Capital Budgeting and Investment Analysis. Chapter 8: Customer Profitability and Segmentation. Chapter 9: Risk Management and Compliance. Chapter 10: Conclusion

Über Autor(innen)

Arif Ahmed is a chartered accountant from the UK and India, ACMA and CGMA from CIMA, UK. He is an MBA and holds a doctorate in finance. His professional certifications include one on artificial intelligence. Arif has served as a member of the Sustainability Reporting Standards Board and Expert Advisory Committee of the Institute of Chartered Accountants of India. He has more than 35 years of consulting and training experience.

Veena Hingarh is a chartered accountant from the UK and India, ACMA and CGMA from CIMA, UK. Additionally, she is an MSc and a company secretary from India. She also holds a professional certificate in artificial intelligence. She has served on boards of listed companies as an independent director and been on the Expert Advisory Committee of the Institute of Chartered Accountants of India. Veena has more than 25 years of training and consulting experience.

Arnaaz Ahmed is an ACMA and CGMA from CIMA, UK. She also holds an MSc in international accounting and finance from Heriot-Watt University, Edinburgh. Arnaaz holds a professional certificate in IFRS and is currently pursuing her doctoral studies. She enjoys creating codes to solve financial problems.