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FASB studies AI use in financial data analysis

CFO Dive

The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.

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Hoover Withdraws Discredited Article

Barry Ritholtz

We posted an analysis of a deeply flawed (dare I say fabricated?) data analysis from the Hoover Institution. You may have missed this little brouhaha over the Thanksgiving weekend. Dated August 7th, it seemed to have been overlooked during the Summer. (It

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Never Mix Payroll and Household Survey Data

Barry Ritholtz

Some sleuthing uncovered the fact Ohanian had inappropriately relied on data that was not seasonally adjusted. Once again, Ohanian is back with another egregious data analysis error. Inappropriately mixing data from one BLS Payroll survey with data from another BLS Empoloyment survey is a cardinal sin of BLS data analysis.

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The state of play in reporting & assurance of sustainability information: 2019-2020 Data & Analysis

Future CFO

The study was designed to update understanding of market practice for the assurance of ESG or sustainability information globally, having reviewed 1400 companies across 22 jurisdictions.

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Godrej Capital launches Generative AI to enhance insights-driven customer engagements

CFO News

Key initiatives include AI-driven quality checks, real-time data analysis, and the upcoming launch of the SAKSHAM-AI/ML platform for improved decision-making and service efficiency. Godrej Capital is utilizing Generative AI (GenAI) to enhance customer service, analyze interactions, and manage credit risk.

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Three current states of AI adoption in accounting

Future CFO

Implementation across functions At the forefront of AI adoption, ACCA says data analysis and reporting emerges as the clear leader. In the audit space, AI offers enhanced capabilities for data analysis – enabling auditors to process information and identify outliers or anomalies more efficiently.

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20 ways CFOs are shaking up the agenda: 11-15

Private Funds CFO

Continuing our list, we examine real-time data analysis, predictive analytics, Zoom fundraising, daily reporting and automated waterfalls.