About the Book
AI's transformative impact on finance, auditing, and investment revolutionizes the way financial systems operate, making processes more efficient, accurate, and data driven. In finance, AI automates complex tasks like risk assessment, fraud detection, and predictive analytics, allowing firms to make more informed decisions and manage risk with precision. In auditing, AI tools enhance the ability to analyze large amounts of financial data, identifying discrepancies that may have gone unnoticed, improving transparency and accountability. Investment strategies are reshaped as AI-powered algorithms optimize portfolio management, forecast market trends, and execute trades in real time, reducing human error and enabling faster decision-making. While these advancements offer incredible benefits, they also raise concerns about security, data privacy, and the potential for job displacement in traditional financial roles, which requires further exploration. AI's Transformative Impact on Finance, Auditing, and Investment examines how AI technologies are revolutionizing these critical sectors. It examines foundational AI concepts, including machine learning, natural language processing, and their applications in risk management, fraud detection, financial forecasting, and audit automation, discussing ethics, regulatory considerations, and future trends. This book covers topics such as policymaking, data analytics, and financial technology, and is a useful resource for business owners, policymakers, economists, academicians, researchers, and data scientists.
About the Author :
Fadi Ghosn is a researcher in finance and economics and a dedicated educator committed to advancing knowledge in these fields. Dr. Ghosn holds a PhD in Business Administration, providing a comprehensive understanding of financial theory and research methodologies, which they bring into the classroom. Dr. Ghosn currently serves as a full-time Assistant Professor of Finance at the Lebanese International University. In addition to their teaching responsibilities, Dr. Ghosn is involved in coordination, administrative, and research activities within the university. Beyond academia, Dr. Ghosn is the CEO and co-founder of Success Gate International, a consultancy firm specializing in financial and strategic advisory services. Dr. Ghosn's research interests span both finance and economics. This blend of academic expertise, research work, practical experience, and entrepreneurial work makes Dr. Ghosn a vital member of the academic community and a respected authority in their field. Their expertise is regularly sought by prestigious media outlets to discuss domestic and international trends in financial markets. Ghina Awad is a researcher specialising in artificial intelligence across various business fields, including human resources and auditing. She has multiple publications in high-ranked journals. Additionally, she is an adjunct professor teaching in France, Germany, and Lebanon, and a reviewer for two ABS journals. Karim Darwich is a researcher at ICN Business School in Nancy, France, specializing in the intersection of artificial intelligence and financial services. His research explores the transformative potential of AI technologies within the banking and finance sectors, with a particular focus on how machine learning, predictive analytics, and intelligent automation can be leveraged to improve financial decision-making, optimize risk management practices, and increase operational efficiency. Karim's work contributes to both academic scholarship and practical insights for industry stakeholders navigating the rapidly evolving landscape of financial technology. He is particularly interested in ethical AI implementation, algorithmic transparency, and the impact of AI on regulatory compliance and customer experience in financial institutions. Karim's academic contributions reflect his expertise in AI applications in finance, internal audit, and economic sustainability, which positions him as a promising figure in the field.