Country : Australia
Assignment Task:

Task:

Independent Research Report
Research professional accounting bodies’websites and journals for items concerning big data and data analytics. Your research question is: What are the risks and opportunities of big data and data analytics for the accounting profession?

  • Summarise your findings in a short, professionally written and appropriately referenced report (1,500 words, excluding references (or tables, graphs, figures if used) Note that 1,500 words equates to around 3 pages, single-spaced). The intended audience is members of the accounting profession.
  • What you have to do:
  • This mini-research component consists of investigating professional accounting bodies’ websites and/or journals for contemporary articles on big data and data analytics and forming an opinion on the opportunities and risks to the profession of accounting presented by these business resources. The assumed audience is members of the accounting profession.
  • Hello Online Assingment Expert, here is what I have found so far:

Good Websites -
https://www.icaew.com/-/media/corporate/files/technical/technology/thought-leadership/big-data-and-analytics.ashx
https://www.journalofaccountancy.com/issues/2016/aug/data-analytics-skills.html
https://tdwi.org/articles/2020/03/03/adv-all-how-accounting-teams-can-leverage-big-data.aspx
https://www.charteredaccountantsanz.com/https://www.cpaaustralia.com.au/
MY NOTES:
The topic of big data and data analytics within the accounting profession has become
Technological advancements have made acquiring data analytic skills imperative for accountants to boost their career. In the world we live in today everyone is trying to outperform each other and advance their skills in their shot at making it to the top, inturn the technology is continually evolving. Which is why
In an increasingly data-driven world, CPAs need to be able to adapt to these technological disruptions.
CPAs now often find themselves performing tasks that require skills in data analytics: there are so many changes in business models, strategies and the way they operate.

 

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  • Posted on : June 28th, 2019
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