Question: The last few weeks will include an introduction to Cost Accounting and Data Analytics. This will form the basis for your last assignment in Cost
The last few weeks will include an introduction to Cost Accounting and Data Analytics. This will form the basis for your last assignment in Cost Accounting: The SEC 10K Data Dashboard. Current cost accounting is using data analytics to understand and visually present the financial information. In Cost Accounting, this provides a powerful tool to understand what is driving product costs and in turn profitability. To begin, listen to Rogers CPA, read the following articles and presentations on data analytics. Roger CPA Review BEC 4: Data Data Basics Big Data & Business Intelligence Data Governance & Management Working with Data (ETL) https://www.journalofaccountancy.com/issues/2016/aug/data-analytics-skills.html https://tax.thomsonreuters.com/blog/data-analytics-and-the-accounting-professional-what-does-it-mean-for-you/ https://www.investopedia.com/terms/d/data-analytics.asp https://www.automationworld.com/home/blog/13314708/can-big-data-improve-manufacturing-cost-information https://www.imanet.org/-/media/e8ee1fe29b194677966eed4b94c85d10.ashx https://www.imanet.org/-/media/447a471249524559b4844929ea1a6ca2.ashx https://www.cgma.org/resources/reports/data-analysis-needs-to-improve.html
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