Data Analytics for Accounting

Catalog description

Computerization and the availability of data is changing the role of the accountant as information provider. We talk about how the accounting profession will change to complement the power of computerization and the plethora of data available. We use the AMPS (Ask, Master, Perform, Share) model to understand the data analytics process and how it is used to analyze all of the available information to address accounting questions. We emphasize the four types of analysis (descriptive, diagnostic, predictive and prescriptive) and how they are used to address accounting questions.