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The Influence of Business Analytics on Modern Management Accounting Informatization Decision under the Background of Big Data

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DOI: 10.23977/acccm.2024.060114 | Downloads: 13 | Views: 216

Author(s)

Zongying Guo 1, Yuxiang Sun 2, Jingyi Li 3, Mengdie Lu 4

Affiliation(s)

1 The Hong Kong Polytechnic University, Fremont, CA 94539, USA
2 Ernst Young, 100 Grand Ln, Foster City, CA 94404, USA
3 BDO USA P.C.Los Angeles, CA 90071, USA
4 Westcliff University, Irvine, CA 92614, USA

Corresponding Author

Zongying Guo

ABSTRACT

Modern enterprise management accounting should not only manage the historical financial data of the enterprise, but also organize and analyze the economic activity data of the enterprise, and make financial decisions according to the data analysis results. Enterprises should introduce financial information system and data analysis tools to store and process the financial data of enterprises, predict the development of enterprises according to the data processing results, and formulate and optimize the financial work plan of enterprises according to the actual development of enterprises, so as to promote the development of enterprises and improve the core competitiveness of enterprises. This paper focuses on the impact of business analytics on modern management accounting information decision making under the background of big data. Firstly, it analyses the background of the development of big data and the role of modern management accounting. Secondly, it analyses the factors that business analysis effectively applies to the decision-making of modern management accounting information, then it analyses the application of business analysis in the decision-making of modern management accounting information. And finally, it describes the positive impact of business analysis on the decision-making of management accounting information, and it draws the conclusion that business analysis has a facilitating effect on the development of the enterprise.

KEYWORDS

Management accounting; Business analysis study; Big data background

CITE THIS PAPER

Zongying Guo, Yuxiang Sun, Jingyi Li, Mengdie Lu, The Influence of Business Analytics on Modern Management Accounting Informatization Decision under the Background of Big Data. Accounting and Corporate Management (2024) Vol. 6: 101-107. DOI: http://dx.doi.org/10.23977/acccm.2024.060114.

REFERENCES

[1] Chen Pan. The Influence of Business Analytics on modern management accounting informatization decision under the background of Big Data [J].Modern Business, 2018, (05): 195-196.
[2] Ren Fei, Wu Zuo. Promoting Management Accounting Informatization to Realize Efficient decision-making of enterprises: Implementation path design of Management accounting informatization in the era of big Data [J].Civil Aviation Management, 2015, (08): 78-80.
[3] Shao Wei. Analysis of ways of management accounting informatization construction [J]. Guide of Economic Research, 2020, (16): 95-96.

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