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Data Analytics for Accounting unit (BFA747)

Introduction

In today’s data economy, businesses are blessed and cursed with an abundance of data. This proliferation of data is creating new professions and changing existing professions. One profession that is witnessing a rapid change due to the explosion of data is accounting. While there exists a plethora of data available to businesses, accounting data remains a source of data that is reliable, relevant and accessible for all organizations. This unit will introduce students to the very recent changes ushered in by the big data revolution to the accounting profession, introduce students to how data analytics is being applied to accounting data, develop their skills in analyzing and presenting accounting data to management and also develop their abilities to critically evaluate the underlying accounting systems and processes related to both the collection, creation, processing and production of accounting data within organizations.

Summary

Unit name Data Analytics for Accounting
Unit code BFA747
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Accounting
Coordinator Doctor Alia Alshamari
Delivered By University of Tasmania and Third Party(ies): ECA
Level Postgraduate

Sustainable Development Goals

The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.

Availability

Specific information on 2027 unit availability will be available in August

Learning Outcomes

  • Differentiate data analytics techniques used to address contemporary business challenges
  • Compose compelling data-driven stories to provide business advice to a client
  • Hypothesise solutions using business data analysis for contemporary business challenges

Fee Information

2027 fee information will be available in August.

Requisites

Prerequisites

N/A

Teaching

Teaching Pattern

12 x 1-hour workshops 

Weekly online pre-recorded lectures

AssessmentBusiness Analytics Proposal (25%)|Comprehensive Data Analytics Report for Strategic Decision-Making (35%)|Strategic Insights Dashboard and Executive Presentation (40%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Richardson, V. et al. (2023) Introduction to Data Analytics for Accounting, 2nd Edition, McGraw Hill.

Recommended

All other class materials and activities will be available to be printed from the unit MyLO site. 

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