article thumbnail

Accounting Technologies: The 2023 Annual Guide

Ryan Lazanis

6) Big Data and Data Analytics Accounting professionals do far more than just process information. They also analyze financial data and advise on it to help improve financial reporting and business strategy when it comes to managerial accounting.

article thumbnail

Effectively Leveraging Accounting for Financial Planning Strategy

CPA Practice

Technical acumen: With a deep understanding of data management and software, including ERP systems, accounting professionals are the first layer of support in compiling high-level or itemized information. This informs businesses of their biggest risks and drivers to help make decisions around investments.