Data Analytics For Accounting

This course focuses on developing Python skills for assembling business data. It will cover some of the same material from Introduction to Accounting Data Analytics and Visualization, but in a more general purpose programming environment (Jupyter Notebook for Python), rather than in Excel and the Visual Basic Editor. These concepts are taught within the context of one or more accounting data domains (e.g., financial statement data from EDGAR, stock data, loan data, point-of-sale data).

Project governance, investment governance, and risk governance precepts are woven together in Self-Service Data Analytics and Governance for Managers, equipping managers to structure the inevitable chaos that can result as end-users take matters into their own hands.
Motivated by the promise of control and efficiency benefits, the widespread adoption of data analytics tools has created a new fast-moving environment of digital transformation in the finance, accounting, and operations world, where entire functions spend their days processing in spreadsheets. With the decentralization of application development as users perform their own analysis on data sets and automate spreadsheet processing without the involvement of IT, governance must be revisited to maintain process control in the new environment.

Today, information technology plays a pivotal role in financial control and audit: most financial data is now digitally recorded and dispersed among servers, clouds and networks over which the audited firm has no control. Additionally, a firm’s data—particularly in the case of finance, software, insurance and biotech firms— comprises most of the audited value of the firm. Financial audits are critical mechanisms for ensuring the integrity of information systems and the reporting of organizational finances.

This book introduces and discusses new innovations in accounting and finance, including management accounting, blockchain, E-business models, data analytics, artificial intelligence, cryptocurrency, bitcoin, digital assets, and associated risks. It sheds light on how and why accounting and finance innovations have changed over time. As such, it is a useful resource for individuals working in accounting and finance.

Gain Real-World Business Analytics Skills. Leverage data to solve complex business problems.

Learn complete data analytics with excel in 30 minutes - Charts, Pivots, Dashboard, Formulas