Data is a vital asset to accountancy firms – but the risks still need to be harnessed

We’ll be discussing the ‘value of data for mid-market accountancy’ and ‘how can we balance control and security Vs access to data?’ at the Alternative Accountancy Strategic IT conference in March. The ICAEW reported in 2019 that ‘big data’ has ‘the ability to analyse entire data sets is changing traditional approaches to audit.’ But accountancy firms are still discussing the risk in using automating decisions through big data solutions. Accounting Web looks at whether data is a friend or foe…


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