BAR — Quick Sheet
Data Analytics for Accounting
Read time: ~5 minutes
One-minute revision
- Descriptive (what happened) → Diagnostic (why) → Predictive (what will) → Prescriptive (what to do)
- Process: define question → obtain & validate data → clean/transform → analyze → communicate
- Analytics flag anomalies; judgment determines meaning
- Line = trend; bar = comparison; scatter = relationship; histogram = distribution
- Structured = rows/columns (GL); unstructured = emails, contracts, images