The course provides an overview of the importance and use of data analytics in accounting. It focuses on how data analytics impact financial and management accounting, auditing and tax; and introduces a series of techniques and tools for analysing large amounts of data available to answer fundamental accounting questions and for business to create value. It is designed to give students the opportunity to develop an analytical mindset. Specifically, students will be able to identify relevant accounting and business questions, scrub and prepare data, understand the effects that the quality of the underlying data has on its ability to address business questions. Students will also be able to perform enhanced financial analysis through manipulation of accounting data and prepare data visualization reports to summarise the outputs in an accessible way for each varied decision maker and their specific needs. These skills are highly desirable for the accountant looking toward the future where the business environment is increasingly data driven.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Describe in detail the purpose and importance of accounting analytics and how it can create value in contemporary business contexts.
- Explain the limitations and ethical considerations regarding the use of data analytics.
- Apply the IMPACT model and how it can be used to address most accounting issues.
- Demonstrate proficiency in using multiple techniques and tools to manage data and perform analyses.
- Develop the ability to communicate findings through text, tables and visualizations.
- Evaluate and apply data analytics to financial accounting and managerial accounting, auditing and tax to analyse patterns, anomalies and insights useful for decision making.
Indicative Assessment
- Research-based project (50) [LO 2,3,4,5,6]
- A combination of exams, assignments, quizzes, presentations and other assessments as appropriate (50) [LO 1,2,3,4,5,6]
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
Students taking this course are expected to commit at least 10 hours a week to completing the work. This will include 3 hours per week in class and at least 7 hours a week on average (including non-teaching weeks) on course, reading, writing and assignment work.
Inherent Requirements
Not applicable
Requisite and Incompatibility
Prescribed Texts
Information about the prescribed textbook (if any) will be made available via the Class Summary.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
