Data Analytics for Accountants: A Practical Case-Study

Course overview:

In an era where data plays a pivotal role in decision-making, mastering data analytics techniques is becoming crucial for Accountants.

This course is based on a real-world case study and will provide participants with an introduction to essential knowledge and skills to effectively analyse data and present data-driven findings and recommendations. The case study involves a step-by-step analysis of payroll data to understand wage growth trends in a Company.

Agenda:

Introduction to Data Analytics for Accountants

• Understand the growing importance of data analytics in accounting
• Understand the key data analytics concepts and techniques
• Tools and software used in data analytics

Introduction to the case study: Analysing wage growth

• Define the scope of the analysis and the relevant key performance indicators (KPIs)

Data cleaning and preparation

• Combine data from multiple sources
• Handle inconsistencies and missing data points
• Data transformation techniques

Analysing wage growth

• Segment data for meaningful insights
• Calculate and compare average salaries across departments and seniority levels
• Identify trends and patterns in wage growth

Data visualisation and presentation of findings

• Create insightful charts and graphs to present your findings
• Communicate your analysis effectively to shareholders

CPE Accreditation:

This course has been accredited two hours professional development CPE by the Malta Institute of Accountants (MIA). A proof of attendance will be sent by email after the course.