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Tag: ACCAAssociation of Chartered Certified Accountantsdata analyticsFinance

Finance experts chart course for data analytics adoption

Finance experts chart course for data analytics adoption

Finance
International finance experts, including executives of the Association of Chartered Certified Accountants (ACCA), have made a case for a change of orientation among peers, saying technology has altered the course of professional practice. Speaking at a webinar on ‘data analytics in finance, the finance experts said data was not only a challenge but the “people aspects” needed to make the required switch to enable businesses to leapfrog to the operating model. They deliberated on the benefits of data analytics and how businesses enterprises could leverage it to transform their operations and income. They concluded that organisations would benefit more if data science was democratised even though the finance team should necessarily take the lead and ownership of data mining and utilis...