Accounting Data Analytics

  1. Descriptive Analytics: Understanding What Happened
    1. Statistical Foundations
      1. Measures of Central Tendency
        1. Mean Calculations
          1. Median Calculations
            1. Mode Identification
              1. Choosing Appropriate Measures
              2. Measures of Dispersion
                1. Range Calculations
                  1. Variance Calculations
                    1. Standard Deviation Calculations
                      1. Interquartile Range
                        1. Coefficient of Variation
                        2. Distribution Analysis
                          1. Normal Distribution Properties
                            1. Skewness Assessment
                              1. Kurtosis Assessment
                                1. Frequency Distribution Tables
                                  1. Histogram Construction
                                2. Key Performance Indicators for Accounting
                                  1. Financial Ratio Analysis
                                    1. Liquidity Ratios
                                      1. Current Ratio
                                        1. Quick Ratio
                                          1. Cash Ratio
                                          2. Profitability Ratios
                                            1. Gross Profit Margin
                                              1. Net Profit Margin
                                                1. Return on Assets
                                                  1. Return on Equity
                                                  2. Solvency Ratios
                                                    1. Debt-to-Equity Ratio
                                                      1. Times Interest Earned
                                                        1. Debt Service Coverage
                                                        2. Efficiency Ratios
                                                          1. Asset Turnover
                                                            1. Inventory Turnover
                                                              1. Receivables Turnover
                                                            2. Non-Financial KPIs
                                                              1. Customer Metrics
                                                                1. Employee Metrics
                                                                  1. Operational Metrics
                                                                2. Data Profiling and Summarization
                                                                  1. Data Aggregation Techniques
                                                                    1. Data Grouping Strategies
                                                                      1. Outlier Identification Methods
                                                                        1. Summary Statistics Generation
                                                                        2. Trend Analysis Techniques
                                                                          1. Time Series Visualization
                                                                            1. Seasonality Detection
                                                                              1. Trend Decomposition
                                                                                1. Moving Averages
                                                                                2. Benford's Law Applications
                                                                                  1. Theoretical Foundation
                                                                                    1. Application in Accounting Data
                                                                                      1. Implementation Techniques
                                                                                        1. Limitations and Considerations