CPDStore Ireland

Customers should purchase our course on Data Analytics to uncover the vast potential this technology has for transforming the accounting profession. In today's rapidly evolving financial landscape, understanding data analytics is crucial for accountants to stay competitive and relevant. This presentation provides a comprehensive introduction to the concepts of big data and data analytics, explaining how these can be leveraged to enhance decision-making, improve accuracy in financial reporting, and offer deeper insights into business operations.

Accountants will gain valuable insights into the key types of data analytics that are integral to the profession. Understanding these analytics will enable accountants to not only interpret historical data but also anticipate future trends and prescribe optimal courses of action. The course also covers the essential technologies and tools that facilitate effective data analysis and visualisation, empowering accountants to present complex data in a clear and impactful manner.

Brenda Clerkin covers the following topics during this session:

• An understanding of big data - what it is, the various types and forms available and why it is important for today’s accountant.
• An outline of what is meant by data analytics.
• An overview of the IMPACT cycle for data analytics.
• A review of four key types of data analytics used in the profession.
• An appreciation of how big data and data analytics is changing the function of accountants and how this may impact your role going forward.