K2's Data Analytics for Accountants & Auditors Webcast [DAA4]

Oct 25, 2023
Time: 10:00am-1:30pm

Subject:

Information Technology

Credit Hours:

4.00

Price:

Member: $175.00
Non-member: $240.00

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Discussion Leader:

Lawrence A. "Mac" McClelland    more info

Mac McClelland, an attorney and accounting professional, is an associate of K2 Enterprises of Hammond, Louisiana, and Network Management Group of Hutchinson, Kansas.

Mac was formerly the director of the Centre for Financial Studies at the University of Otago in Dunedin, New Zealand, where he lived and worked for seven years from 1990 to 1997. He was also a member of the faculty of the Advanced Business Programme, ranked in the top 100 MBA programs in the world by The Economist, specializing in business strategy and strategic management accounting.

He gained his practical experience in information systems with the National Aeronautics and Space Administration, and has an established practice in business and technology consulting. Mac has taught hundreds of continuing professional education seminars to accountants and business managers in the United States, New Zealand, Australia, Japan, and Southeast Asia. His presentations are highly rated, and he has won several awards for teaching excellence.

Mac has been published in leading business and practitioner journals, including Tax IdeasComputers in AccountingJournal of Accounting EducationChartered Accountants Journal of New Zealand, and the top-rated Journal of Accounting Research.

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Website registration for this course closes on October 24, 2023. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.

Full Description

K2's Data Analytics For Accountants & Auditors Webcast (DAA4)

October 25th, 2023 / 10:00 am 1:30 pm

Live Webcast

In the world of "Big Data," virtually all business professionals have become data analysts, at least to some extent. However, that is particularly true in auditing, where internal and external auditors increasingly turn to data analytics to identify situations requiring follow-up and investigation. Those who understand how to take advantage of various tools to assist in these efforts benefit by conducting more thorough analyses and achieving superior results in less time.

In this session, you will learn about various tools and techniques you can use for more thorough data analyses. The discussion includes Excel as a data analysis tool, multiple Excel add-ins, and Microsoft's Power Bl application. If you're seeking to improve your skills in the field of data analytics, this session is the one for you!

Major Topics:
- Understanding the importance of data analytics in modern business environments
-Generating and interpreting data analytics using everyday applications such as Microsoft Office Excel and Microsoft's Power Bl platform
- Using regression analysis to create and validate forecasts and projections

Learning Objectives:
Upon completing this course, you should be able to:
- List the four types of data analytics and identify situations in which each can be useful in auditing environments
- Identify opportunities to use features in Excel to analyze data in the context of auditing
- Distinguish between Business Intelligence and Data Analytics
- Differentiate between correlation and causation
- Cite examples of how Power Query, Power Bl, and other tools can streamline and enhance Data Analytics

Designed For: Practitioners and business executives who need to know more about data analytics and their importance

CPE Credits: 4, Information Technology

Level of Knowledge: Intermediate

Prerequisite: Basic knowledge of technology strategy and standards

Acronym: DAA4

Discussion Leader: Lawrence A. "Mac" McClelland