**Please note that this course is not intended for U.S. customers, is not NASBA compliant, and is not eligible for CPE credit**
The possibilities and probabilities of big data combined with the power of emerging technologies such as robotics process automation (RPA), artificial intelligence (AI), the internet of things (IOT), and blockchain have great potential provide value in new ways. Big data has the potential as well as the possibilities to improve operational efficiency, drive new revenue streams and gain competitive advantages over business rivals. It’s no longer a question of whether big data analytics will reshape the accounting profession, but rather a question of how quickly. This workshop is tailored for accounting professionals seeking to harness the power of big data to drive strategic decision-making and address the challenges presented by this data-driven era.
Topics Covered
- Opportunities big data presents for financial analysis and decision-making.
- Learn how accounting professionals can leverage big data to optimize risk management strategies.
- What is Big Data?
- Why does Big Data Matter?
- How is Big Data being used?
- Why are Big Data initiatives so difficult?
- What does Big Data mean for the future of work?
- What does Big Data mean for the future of the accounting profession?
Learning Objectives
- Evaluate the challenges of handling big data and propose practical solutions for specific accounting contexts.
- Differentiate between descriptive, diagnostic, predictive, and prescriptive analytics
- Distinguish the "V"s of data including volume, variety, velocity, and veracity in the context of various types of data (e.g. sensory, image, activity data)
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Information Technology (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Cory Campbell
Cory Campbell is an Associate Professor of Accounting at Indiana State University. His teaching and research interests lie at the intersection between accounting and technology. He facilitates CPE workshops for the Indiana CPA Society on various emerging technologies and has been a subject matter expert for the AICPA on blockchain technology, data analytics, and cybersecurity. Cory is also a principal at GRC Metrix, a consulting firm that focuses on digital transformation.