Data Analytics for Tax

Overview

Realize the untapped potential in more readily available data, improve performance, and better serve your clients through Tax Data Analytics, which is part of the broader Data Analytics certificate program. Gain practical literacy on data analytics so you can improve the services you offer. Using performance-based, problem-centered tasks, learn how data analytics can be employed within the tax function. With implementation of emerging technologies in the area of tax data analytics, your business and your clients will be ahead of the competition.

Big data and data analytics have a significant effect on the tasks financial professionals and accountants encounter and the services they provide to clients. The ability to analyze extremely large data sets to draw conclusions and make decisions has become increasing difficult. Tax data analytics tools will allow you to efficiently and accurately curate business and industry information to better serve your clients.

Highlights

Data transformation in the age of extremely large data sets Data visualization to recognize and apply practical applications of data analytics Current and future state of tax analytics and overcoming obstacles to implementation

Designed For

Tax practitioners who serve or advise clients and would like to understand the impact of data analytics on the tax function Tax managers/decision makers looking to utilize data analytics within their business tax function Accounting and finance professionals looking for more information on how data analytics will affect tax processes Tax auditors who are interested in how data analytics will affect the audit process

Objectives

Identify the various uses and benefits of data analytics techniques within the tax function. Apply data analytics tools and techniques to a given tax function using the six-step decision-making framework for automating deliverables. Develop and evaluate suitable business cases for implementing tax automation to appropriately effect a given function at an organization.

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