Akkad Journal of Contemporary Management Studies
https://journal.acefs.org/index.php/AJCMS
<p>The <strong>Akkad Journal of Contemporary Management Studies</strong> <strong>(Print ISSN : 2790-2528, Online ISSN: 2957-7888) </strong>is a quarterly, open access, peer-reviewed journal published by Akkad Center for Economic and financial Studies. It publishes high-quality research and commentary on worldwide Management trends, seeking a proper balance between Management theory and practice.</p>Akkad Center for Economic and Financial Studiesen-USAkkad Journal of Contemporary Management Studies 2790-2528Rationalizing Capital Budget Decisions Using Net Present Value (NPV): A Case Study
https://journal.acefs.org/index.php/AJCMS/article/view/192
<p>Capital budget decisions related to investment projects are critical strategic decisions that require careful analysis and thought. The reason for this is due to the characteristics of long-term investment projects that are exposed to risks and uncertainty. The net present value (NPV) model is a tool for evaluating investments in light of uncertainties. This study aims to highlight the importance and effectiveness of the net present value criterion in evaluating future investment projects and the comparison between alternatives. In addition, the paper aims to explore how to apply this criterion to investment projects, as the Karbala International Investment Group Company intends to compare between three investment projects and choose the most appropriate project for its implementation through the use of the net present value (NPV) method because of the advantages and most important of this method. It is used in conditions of risk and uncertainty and takes into consideration the time value of money through the use of the discounted cash flow rate.</p>Hatem Karim KadhimEmad Abees Atshan Aljuhaishi
Copyright (c) 2023 Akkad Journal of Contemporary Management StudiesĀ
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2023-06-082023-06-0831116The Relationship Between Applications of Artificial Intelligence and The Firm Financial Performance: An Exploratory Study
https://journal.acefs.org/index.php/AJCMS/article/view/196
<p>The paper aims to test the relationship between the applications of artificial intelligence in economic activities and the level of financial performance of companies. Using the Kufa Cement Plant as a case study, this investigation takes a descriptive exploratory approach to AI's current and potential future usage. The results show that artificial intelligence applications are a widely used phrase in recent years. The level of attention paid to it has risen dramatically and dramatically, to the point that it has made front page news in scholarly and professional publications. It has developed into a system of rules and processes that aid the administration in achieving its aims efficiently and effectively, allowing every division to take stock of its own advantages and disadvantages, as well as the possibilities and constraints it faces. In order to bridge the gaps and obstacles that may appear in the future, financial performance indicators are very useful to the users of the financial statements as they enable them to make decisions about the extent of the financial stability of the economic units.</p> Sondos Majid Reda Al-JaafariAli Karim Khudair Hassan
Copyright (c) 2023 Akkad Journal of Contemporary Management StudiesĀ
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2023-06-082023-06-08311727Fuzzy Logic And The Auditing Profession: A Literature Review
https://journal.acefs.org/index.php/AJCMS/article/view/204
<p>The paper aims to explore the relationship between fuzzy logic and the auditing profession using the literature review methodology. The results indicate that one of the important techniques of artificial intelligence, which is fuzzy logic, can be employed in the field of auditing and exploring how to benefit from this technology in enhancing auditing procedures. Also, the auditor who provides a neutral technical opinion on the validity and fairness of the financial statements uses traditional procedures to reach that opinion. The logic used in these procedures is the classical logic that is based on specific and narrow options and may be inaccurate. Moreover, classical logic relies on binary phenomena to be either true only or only false. Whereas, fuzzy logic explains phenomena either partially true or partially false, that is, it gives an area between true and false.</p>Yasir Sahib Malik Ikram Abdel Wahab Jabbar
Copyright (c) 2023 Akkad Journal of Contemporary Management StudiesĀ
https://creativecommons.org/licenses/by/4.0
2023-06-082023-06-08312836