How organizations approach accounting

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"More data allows us to see new, it allows us to see better, it allows us to see different," is a quote provided by Cukier in his TED Talk about Big Data. He explains how more data is revolutionizing the way businesses operate, providing numerous examples to support his argument.

The possibilities created by the ever-growing volume of data are fundamentally changing how organizations approach accounting. Please explain how big data and data analytics can impact the accounting profession. You can discuss either the advantages or disadvantages of receiving additional data.

Reference no: EM132966014

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