by: Norbert Tschakert, CPA/CFF/CITP, Ph.D.; Julia Kokina, CPA, Ph.D.; Stephen Kozlowski, CPA, CGMA, Ph.D.; and Miklos Vasarhelyi, Ph.D.
As technology continues to evolve, it promotes changes to business models and surprises those who are unprepared. Businesses change their strategies and the way they operate. New threats and opportunities arise. 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:
Both internal and external auditors are using data analytics to enable practices such as continuous monitoring, continuous auditing, and analysis of full data sets in situations where only samples were audited.
Financial planning and analysis professionals analyze data in hopes of discovering the best course of action for their companies.
CFOs and finance leaders use Big Data to find patterns in customer behavior and market trends to drive company strategy.
Jul 20 @Remove can remove any character from a field except one – the double quote. This is because the double quote is used in the function’s syntax: @Remove (Str...
Apr 16 Leaders of professional associations are urging auditors to embrace emerging technologies to advance the industry, create audit efficiencies and manage organiza...
Jan 20 Jill Wyatt explains how internal auditors can offer more to their businesses and what skills, tools and techniques they need to do so. An ICT audit is an exa...
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