Do Different Data Analytics Impact Auditors' Decisions?

Decisions through data: analytics in healthcare.

The amount of data in healthcare is increasing at an astonishing rate. However, in general, the industry has not deployed the level of data management and analysis necessary to make use of those data. As a result, healthcare executives face the risk of being overwhelmed by a flood of unusable data. In this essay I argue that, in order to extract actionable information, leaders must take advanta...

Do Auditors Objectively Evaluate Their Subordinates’ Work?

In this study, we investigate whether audit managers’ assessment of the quality of work their subordinates perform is influenced by the managers’ prior impressions of these subordinates, and whether managers whom the firm considers outstanding are less susceptible to such an effect. We conduct an experiment using actual audit senior-manager teams. Each senior and manager participating in the ex...

Context-Based Analytics in a Big Data World: Better Decisions

By Lisa Sokol, Ph.D, IBM Software Group, US Federal CTO, and Steve Chan, Ph.D, Prince of Wales Senior Fellow at MIT and Senior Fellow at Harvard Kennedy School’s Center for Public Leadership, Massachusetts Institute of Technology and Harvard University, Cambridge, MA As the world becomes more instrumented, interconnected, and intelligent, the volume of information that is generated is growing a...

Technical Default, Auditors' Decisions and Future Financial Distress

A Fuzzy TOPSIS Approach for Big Data Analytics Platform Selection

Big data sizes are constantly increasing. Big data analytics is where advanced analytic techniques are applied on big data sets. Analytics based on large data samples reveals and leverages business change. The popularity of big data analytics platforms, which are often available as open-source, has not remained unnoticed by big companies. Google uses MapReduce for PageRank and inverted indexes....