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Why should accountants incorporate data analytics into their work?

Why should accountants incorporate data analytics into their work?

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Answer #1

Accountants are always expected to help in taking decisions with regard to his accounting and financial knowledge and help in the improvement of the company.

Usually, Accountants use Data Analytics to examine the insights inside the financials and provide valuable information to the management. It is becoming a core part that, many universities are teaching data analytics as a part of the accounting curriculum.

So, in Inorder to be competent an accountant must and should incorporate data analytics into their work.

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