IFAC TAG Webinar on Data Analytics
IFAC Technology Advisory Group | October 18, 2018
Emerging technologies and digitalization are reshaping business models and finance and accounting practices. TAG’s goal is to provide high-level strategic input to IFAC on emerging technology trends and issues impacting the global accountancy profession and facilitate information exchange and awareness raising.
At the heart of digital transformation is data. Digital technologies are generating mountains of data, providing organizations with potential to better manage risk, seize new opportunities and improve insights. However, without enhanced data analytics and governance, this data provides little value. When it comes to enhancing the quality of audits, forecasts and improving the understanding of performance, analytics can offer a significant boost.
The speakers in this webinar provide a range of insights on how data analytics is being applied in business and in the profession and the skills and competencies needed by professional accountants.