Professional Certificate in
Accounting Analytics Course
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Accounting Analytics is described as an application of Big Data to the accounting domain using Data Science and Data Analytics tools to solve accounting queries. With the help of Accounting Analytics, a company can improve financial performance by gathering insights and building better strategies.
Overview of Accounting Analytics Course
Accounting Analytics investigates the relationship between financial performance and information from financial statements and other variables. This course will teach you how to analyse data to determine what factors affect financial success. Although there are many accounting and financial organisations that produce data, accounting analytics uses that data to produce insight. This course will explore the various ways that accounting data can offer insight into other business areas, such as forecasting consumer behaviour, developing corporate strategies, managing risks, and optimising processes. You will comprehend how non-financial data and financial data interact to forecast events, improve operations, and formulate strategy by the end of this course. You can use the knowledge in this course to improve the business decisions you make regarding the burgeoning functions of accounting analytics.
- Accounting overview
- Understand various Accounting Analytics Models
- Accounting Risk Analytics using Machine learning
- Develop an understanding of descriptive and predictive analytics
- Apply data-driven, machine learning approaches for business decisions
- Applications of Data Optimization in Accounting Industry
- Use data visualisation concepts to represent data for easy understanding
Accounting Analytics Course Training Learning Outcomes
Accounting Analytics is a special branch of Data Analytics that involves using employee-related data with analytical tools to improve organizations' financial performance. The Certification Program in Accounting Analytics is a sui generis attempt to blend analytics solutions for better accounting practices and the development of new strategies to forecast financial events. Specifically designed to suit the accounting professionals and data professionals who wish to understand the application of Big Data Analytics, Machine Learning, Neural Networks, and Deep Learning to accounting data. Our Accounting Analytics course is meant for professionals from the accounting domain as it provides a comprehensive picture of how Data Science and Artificial Intelligence can be leveraged to increase the efficiency of accounting practices and strategies. Understanding the applications of Data Science, Machine Learning to insurance will be the prime objective of this content-rich program.
The Accounting Analytics course covers a range of essential skills, including:
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Who Should Sign Up?
- Accountants
- CFO/Director/Head of Accounting
- Business Analysts
- Data Analysts
- Risk Managers
- Certified Accounting Professional
- Auditors
- Math, Science and Commerce Graduates
Accounting Analytics Course Modules
The digital world is built on the walls of data and Accounting Analytics course is peering into the future. Put simply, Accounting Analytics is bringing in all the data and combining it to provide strategic as well as predictive insights that can be used to improve one’s business strategy. In this module on Accounting Analytics course, you will learn about the various systems and models of Accounting Analytics course and how Machine Learning is helping to predict employee turnover. You will learn about the various techniques used during the screening and recruiting of candidates. This module also throws light on how the employee performance can be predicted through analysis and designing appropriate surveys. You will also learn how Deep Learning is mining the emotional state of the workforce. Along with the various advanced Accounting Analytics techniques, you will also learn regarding Data Privacy and Security.
Trends in Accounting Analytics Course
Technology has grown advanced and its application of it to accounts serves organizations well. Technology lets accountants deliver the best results. It can help professional accounting, auditing, and advisory services. Here are the top trends in accounting in 2022.
Technology plays a major role in Accounting
Public and private accounting departments are embracing technology and accountants who understand the importance of technology are upskilling themselves for advancing their careers.
AI in accounting
There is an unpopular belief that AI might take over accounting but that is not true, AI will help accountants in support processes. It can also aid in client service tasks. By relying on AI accountants can have more time to focus on client service.
Big Data
Big Data can play a big role in accounting in processing vast quantities of data generated by the organization. Accountants can use this data in identifying trends, getting insights, and strategizing decisions. Accountants with experience in Big Data are in high demand.
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