Harvard Business Review named the data scientist the sexiest job of the 21st century. This job requires significant computing and statistical skills. With the rise of analytics and artificial intelligence, these skills are needed, but even more critical are individuals that have excellent business acumen. These individuals can fill the role of translator. Not in …
Category Archives: Data Analytics
Can you trust your data?
As businesses move to more AI-generated modeling and higher forms of data analytics, we still need to apply common sense? In other words, don’t blindly trust the data. Image by Gerd Altmann from Pixabay This articles describes some of the pitfalls of not critically analyzing data output and gives some solutions. https://www.datasciencecentral.com/profiles/blogs/data-and-analytics-don-t-trust-numbers-blindly
New to Analytics? — Start here
Think you are new to analytics? You may have a start. Most of us in business, and especially accounting are quite adept in Excel. This makes the tool a perfect place to start. You cannot use the largest data sets, but with new Excel tools such as PowerPivot, that is constantly increasing. Analyzing data in …
Data Visualization – A cheat sheet
With many software applications available that will analyze data available, most anyone can create visualizations. The options for the types of visualizations is nearly endless. But what graphic can tell the story of your data the best. This infographic shows many of the basic rules of creating visualizations. and making them easier for the user. …
Change with caution
At a recent conference, Randy Johnston, founder of K2, spoke of the emerging technologies affecting the accounting profession. He also warned of giving into FOMO or the Fear of Missing Out. Most firms cannot adopt all of the new technologies at once. For the rest of his remarks, see the article on Accounting Today at: …
I Teach Accounting Information Systems 