Accounting Day Big Data and Predictive Analytics会计一天大数据和预测分析.pdfVIP

How Big Data and Predictive Analytics are Transforming the World of Accounting and Auditing Accounting Day Town Country Hotel Convention Center May 18, 2015 Steve Austin, CPA Swenson Advisors, LLP Presentation Outline • A current perspective on big data • What is San Diego’s position in the big data world • What are predictive analytics, predictive accounting, and predictive auditing • Understanding the coming auditing panorama: • Historical Financial Reporting, Continuous Auditing and Monitoring, and Predictive Audit Metrics • How does this impact our profession and your job skills for the future What is big data? 2.5 quintillions bytes data created each day 90% of the data in the world was created in the last two years Data comes from everywhere: sensors used to gather climate information, posts to social media sites, digital pictures and videos, purchase transaction records, and cell phone GPS signals to name a few. Big Data….Big Deal! IBM.com Accounting Day 3 Swenson Advisors 2015 As the pace of change in today’s world continues to increase, CPAs and accountants need to focus their organization on anticipating change, rather than merely responding to it. That will mean developing both a new skillset and a new mindset. Dan Burrus Futurist and technology educator Accounting Day 4