ItemBook Chapter

AI's impact on financial services, auditing, and investment strategies: The future ahead

Title
AI's impact on financial services, auditing, and investment strategies: The future ahead
Creator
Irfan, Mohammad; Dias, Rui; Hooda, Jayant; Singh, Kashish Ajit; Bang, Sanjay
Description
Artificial intelligence (AI) is poised to significantly transform the fields of finance, auditing, and investment over the coming decade. In financial services, AI is anticipated to enhance decision-making processes, improve risk management practices, and facilitate the delivery of personalized financial solutions. The auditing profession will be reshaped by AI and automation, enabling continuous auditing, real-time reporting, and more effective fraud detection mechanisms. In the investment domain, AI is expected to revolutionize portfolio management and asset allocation through advanced predictive analytics and data-driven market strategies. Despite these advancements, the rapid proliferation of AI presents considerable challenges, including ethical considerations, regulatory compliance, and the necessity of re-skilling financial professionals. This strategic overview examines both the opportunities and risks associated with AI integration and provides guidance for organizations seeking to maintain competitiveness in an increasingly AI-driven financial landscape. 2025, IGI Global Scientific Publishing. All rights reserved.
Source
AI's Transformative Impact on Finance, Auditing, and Investment;pp.183-224
Date
01-01-2025
Publisher
IGI Global
Coverage
Irfan M., Christ University, Bengaluru, India; Dias R., ESCAD, IPLUSO, Intrepid Lab, Lisboa, Portugal; Hooda J., GLA University, Mathura, India; Singh K.A., Christ University, Bengaluru, India; Bang S., Christ University, Bengaluru, India
Rights
Restricted Access; Hardcopy may be available in the library
Relation
ISBN: 979-833730131-0; 979-833730129-7;
Format
online
Language
English
Type
Book chapter

Citation

Irfan, Mohammad; Dias, Rui; Hooda, Jayant; Singh, Kashish Ajit; Bang, Sanjay, “AI's impact on financial services, auditing, and investment strategies: The future ahead,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 17, 2026, https://archives.christuniversity.in/items/show/24519.

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