The Controllers Role in Data Analytics and Big Data

Overview

Today’s economy and all of the digital enhancements have impacted the way companies engage with their customers as well as how the company manages their internal practices. The business control function needs to keep pace.

The rising importance of analytical capability is critical when defining the role of the modern controller. Execution of analytics can vary but there are still key questions that must be asked. What are the options and what we need to understand to decide the best way forward?

This course focuses on the value that can be brought by the Controller when becoming involved with data analytics powered by technology and also Big Data. The digitized world we live in has made it important for the Controller function to evolve and take on this advanced task.

 

Prerequisites

None

Objectives

• Explore the Controller’s increasing role in data analytics
• Discover and examine the surge in Big Data
• Explore and evaluate the process of Big Data Analytics
• Examine the benefits and challenges of Big Data Analytics
• Identify sources of Big Data Technology
• Explore examples of big data use for analysis
• Recognize and review the overall impact of Big Data
• Identify actions the Controller can take to accelerate data analysis

Highlights

• Accounting
• Finance
• Financial Statements