ISE Data Analytics for Accounting

Data Analytics for Accounting 3e is a textbook designed to prepare accounting students with the necessary tools and skills to perform data analytics through a conceptual framework and hands-on practice with real-world data. It is structured around two tracks: the Microsoft track and a Tableau track, and provides hands-on practice with real-world data sets and various data analysis tools.

Format: Paperback / softback
Length: 640 pages
Publication date: 22 March 2022
Publisher: McGraw-Hill Education

The impact of data analytics on the business world is undeniable, with data permeating every aspect of our lives. As a result, accountants must adapt and develop data analytic skills to remain relevant and meet the evolving needs of the profession. This requires a comprehensive understanding of data analytics, including its principles, techniques, and applications.

Data Analytics for Accounting 3e is a textbook designed to equip students with the necessary tools and skills to excel in data analytics. The book is structured around the IMPACT Cycle, a conceptual framework that guides students through the process of providing data-driven insights and recommendations.

The IMPACT Cycle consists of four stages: Identify, Measure, Analyze, and Act. In the Identify stage, students learn to identify the key questions that need to be answered through data analysis. They then gather and organize relevant data, ensuring its quality and accuracy.

In the Measure stage, students use statistical and analytical techniques to extract meaningful insights from the data. This includes measures such as descriptive statistics, correlation analysis, and regression analysis.

In the Analyze stage, students interpret the findings and identify patterns, trends, and relationships that can inform decision-making. They use data visualization tools such as charts, graphs, and dashboards to communicate their insights effectively.

In the Act stage, students develop actionable recommendations based on their insights. They consider the potential impact of their recommendations on the business and develop strategies for implementing them.

Throughout the book, students are provided with hands-on practice with real-world data sets and various data analysis tools. The Microsoft track focuses on Excel, Power Pivot, and Power BI, while the Tableau track focuses on Tableau Prep and Tableau Desktop. By using multiple tools, students can learn which tool is best suited for their specific data analysis, data visualization, and communication needs.

Data Analytics for Accounting 3e is a comprehensive and up-to-date textbook that covers the latest developments in data analytics and accounting. It is designed to prepare students for their future careers as accountants, where data-driven decision-making is increasingly important. With its practical approach and hands-on practice, the book is an invaluable resource for anyone seeking to enhance their data analytic skills and advance their career in accounting.

Weight: 998g
Dimension: 202 x 253 x 25 (mm)
ISBN-13: 9781265094454
Edition number: 3 ed