Exploration on the Application of ChatGPT in Corporate Financial Management

Abstract

The report of the 20th National Congress of the Communist Party of China proposed to accelerate the development of the digital economy and promote the deep integration of the digital economy and the real economy. With the continuous development of generative artificial intelligence technologies such as ChatGPT, the financial industry has been profoundly affected and impacted. This article mainly combines the specific characteristics of each link of financial management, taking a listed company as an example, to explore the feasibility of the practical application of ChatGPT in specific financial management links such as financial forecasting, financial decision-making, financial control and financial analysis. After research, it is concluded that, ChatGPT can generate financial forecast reports and decision-making suggestions based on the provided data, identify and evaluate financial risks, and assist accounting personnel in conducting intelligent financial analysis. Its specific application in financial management will undoubtedly contribute to the digital transformation of enterprises.