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612-822-4611
Predictive Accounting

Predictive Accounting

Paperback

Accounting

ISBN10: 1642213365
ISBN13: 9781642213362
Publisher: Accountingtools, Inc.
Published: Jul 25 2025
Pages: 64
Weight: 0.28
Height: 0.13 Width: 7.00 Depth: 10.00
Language: English
Predictive Accounting explores how accountants can use financial data, statistical modeling, and artificial intelligence to forecast future outcomes and guide strategic decision-making. It contrasts historical accounting with predictive methods, emphasizing tools like time series forecasting, machine learning, and scenario analysis. It also covers practical applications such as predicting bad debts, detecting fraud, and improving budgeting through rolling forecasts and ERP integration. Additionally, it addresses the importance of data quality, ethical considerations, and effective communication of predictive insights to stakeholders.

Also from

Bragg, Steven M.

Also in

Accounting