Define the purpose, importance, and benefits of utilizing data analysis to address specific accounting techniques like financial statement analysis, interpreting patterns and trends, optimizing performance management, and assessing profitability.
Extract, validate, analyze, and present accounting data to stakeholders through the use of various statistical, analytical, visualization software technologies, and spreadsheet functions.
Define the purpose and role of AI in accounting, including how it can be used to streamline compliance processes and monitor adherence to regulations.
Identify the potential biases in AI algorithms and evaluate the responsible use of AI in accounting practices.
Address ethical issues related to data privacy, data quality, and the responsible use of data analytics in accounting.
Course Description Advanced strategies in evaluating financial statements, forecasting trends, applying intelligent systems and critical thinking to solve real-world accounting concerns. Utilize spreadsheet software and emerging technologies to aid in the compiling, validating, interpreting, and presenting of data-driven financial information to improve decision-making capabilities. Credits: 3