Price: $225.00 – $164.03
(as of Dec 24,2024 22:57:36 UTC – Details)
Publisher : Business Science Reference; 1st edition (October 2, 2020)
Language : English
Hardcover : 270 pages
ISBN-10 : 1799848051
ISBN-13 : 978-1799848059
Item Weight : 1.95 pounds
Dimensions : 8.75 x 1 x 11.25 inches
Machine learning has revolutionized the field of accounting, providing new and innovative ways to detect fraud and improve disclosure practices. In the book “Machine Learning Applications for Accounting Disclosure and Fraud Detection (Advances in Finance, Accounting, and Economics)”, experts delve into the cutting-edge applications of machine learning in accounting.
From predicting financial restatements to analyzing textual disclosures, machine learning algorithms can sift through massive amounts of data to uncover patterns and anomalies that may indicate fraudulent activity. By automating the detection process, these algorithms can flag suspicious transactions and help auditors prioritize their efforts more effectively.
Furthermore, machine learning can also enhance the quality of financial reporting by improving the accuracy and timeliness of disclosure practices. By analyzing historical data and identifying trends, these algorithms can help organizations make more informed decisions and communicate information more transparently to stakeholders.
Overall, the integration of machine learning in accounting has the potential to revolutionize the way financial information is analyzed and disclosed. With the help of advanced algorithms and predictive analytics, organizations can stay ahead of fraudsters and ensure compliance with regulatory requirements. “Machine Learning Applications for Accounting Disclosure and Fraud Detection” is a must-read for anyone looking to stay at the forefront of these exciting developments in the field of accounting.
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