Question: Answer the following questions: 1- What is data analytics, and in what aspects does it serve as an essential tool for accounting today? Discuss widely.

Answer the following questions:
1- What is data analytics, and in what aspects does it serve as an essential tool for accounting today? Discuss widely.
2- What skills does this area of professional development require of the CPA today? Discuss.
3- Describe what each of the steps that we have to follow in the data analytics model that was presented in class (IMPACT Model) contains.
4- Discuss the implications of the steps to follow before uploading the data to the application (load the data) for further analysis.

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