AI Assisted Business Analytics

This book explains the primary path to success, using software designed to sample and analyze cashflow and then link that analysis, with forecasting and market research. The case study will start with a small business income statement indicating a cashflow problem. The analysis that follows will be a comprehensive statistical approach of fiscal management.

The case study will provide an overview of the total process of controlling and analyzing cashflow. Business prosperity depends on:

1- Staying in touch with cashflow by means of regular statistical audits

2- Transition to statistical methods for forecasting future cashflow

3- Link cashflow with customer perception and satisfaction

The book is intended for courses with prerequisites that the student has a knowledge of accounting and is comfortable in using Excel. It uses professional Excel with its Analytics Toolkit. Complete knowledge of the Toolkit is not a prerequisite since the book will adequately cover the relevant analytic tools. There is no need for separate statistical software such as SPSS or SAS. The book is intended for intermediate/advanced college level courses in business financial methods and control.

Exhibits growing trend of Computer Assisted Audit Techniques (CAATs) in auditing Promotes using AI techniques to facilitate the learning process Uses Predictive Modeling and Predictive Analytics to forecast future results

Autorentext
Joseph Boffa currently a Board Member of the non-profit Massachusetts Alliance for Retired Americans and administers its Vision Care Discount program for retirees of New England, in conjunction with Vision World and Davis Vision. Dr. Boffa was faculty member and past director of the post-doctoral training program in the Department of Health Policy and Health Services Research, Boston University's Goldman School. He was also Plan Director of a dental benefit for employees of Boston University and Boston Medical Center. He currently teaches a Boston University post-doctoral course: "HealthCare Management and Finance".

Inhalt
Business Prosperity.- Analytics Case Studies.- Statistical Audit Design.- The Sales Tax Audit.- Forensic Accounting Using Benford Formula.- Financial Projections.- Planning Expenses and Investments.- Market Research.