University of Illinois at Urbana-Champaign
Applying Data Analytics in Accounting
University of Illinois at Urbana-Champaign

Applying Data Analytics in Accounting

This course is part of Business Analytics Specialization

Taught in English

Some content may not be translated

6,662 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

4.8

(40 reviews)

Intermediate level

Recommended experience

14 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

Details to know

Shareable certificate

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Assessments

5 quizzes

Course

Gain insight into a topic and learn the fundamentals

4.8

(40 reviews)

Intermediate level

Recommended experience

14 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

See how employees at top companies are mastering in-demand skills

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This course is part of the Business Analytics Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 4 modules in this course

In this module, we provide a broad overview of the role of accounting as it interacts with data analytics and new technological advances. We begin by understanding what accounting is and the environment surrounding it. We then introduce you to the recent trends in the technology of accounting. We conclude the module with a discussion of three important topics in accounting: cybersecurity, process mining, and blockchain.

What's included

16 videos6 readings2 quizzes1 discussion prompt1 plugin

This module introduces you to important concepts related to auditing. We begin by reviewing the different types of technology that can be used by the auditors to increase the effectiveness and efficiency of audits. We then examine how and why mistakes or fraud occur. We also discuss how internal controls can be placed to prevent misstatements. Finally, we demonstrate the control test workflow using a real-world dataset in both Alteryx Designer and RStudio.

What's included

18 videos2 readings1 quiz

Numbers are everywhere in the financial statements. However, accounting is also about more than numbers. In this module, we discuss how text in accounting disclosure and other accounting information can contain useful information. We also demonstrate how to implement a basic natural language processing (NLP) pipeline using R.

What's included

11 videos2 readings1 quiz

Accountants do many things that are standardized and mundane. This module introduces you to robotic process automation (RPA) that can be used to automate those routine tasks. We begin by looking at the definition of RPA and where it stands in the automation continuum. We then examine suitable tasks for RPA, steps in implementing RPA, and pros and cons associated with using RPA. We will also discuss the effect of RPA on accounting. We conclude the module with a demonstration of RPA using UiPath.

What's included

14 videos4 readings1 quiz1 plugin

Instructor

Instructor ratings
4.8 (13 ratings)
Gies College of Business, University of Illinois
University of Illinois at Urbana-Champaign
22 Courses105,064 learners

Offered by

Recommended if you're interested in Business Strategy

Get a head start on your degree

This course is part of the following degree programs offered by University of Illinois at Urbana-Champaign. If you are admitted and enroll, your coursework can count toward your degree learning and your progress can transfer with you.

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4.8

40 reviews

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AN
5

Reviewed on Nov 13, 2023

IK
5

Reviewed on Oct 20, 2022

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