“More data allows us to see new, it allows us to see better, it allows us to see different,” is a quote provided by Cukier in his TED Talk about Big Data. He explains how more data is revolutionizing the way businesses operate, providing numerous examples to support his argument.  The possibilities created by the ever-growing volume of data are fundamentally changing how organizations approach accounting. For this unit’s discussion, please explain how big data and data analytics can impact the accounting profession. You can discuss either the advantages or disadvantages of receiving additional data .

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 2MCQ: The use and importance of managerial accounting is growing in each of the following areas except for...
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“More data allows us to see new, it allows us to see better, it allows us to see different,” is a quote provided by Cukier in his TED Talk about Big Data. He explains how more data is revolutionizing the way businesses operate, providing numerous examples to support his argument. 

The possibilities created by the ever-growing volume of data are fundamentally changing how organizations approach accounting. For this unit’s discussion, please explain how big data and data analytics can impact the accounting profession. You can discuss either the advantages or disadvantages of receiving additional data . 

 

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