Accountants Under-prepared for Analytics
So, I've been developing an accounting analytics class. Looking at the resources available, I do fear the accounting profession is under-prepared for the future. Do we really view basic data wrangling in Excel to be advanced analytical work?
So, the question, I suppose, is, how do we move from where we're at to where we need to be? Our "customers" (be the internal or external) are certainly going to expect and demand much greater insight and analytical sophistication. Accountants are well positioned with business insight and acumen that a coder who learned how to read regression analysis can't easily bring. Nonetheless, we do need to move well past considering a pivot table summation as something truly sophisticated. It's not.
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