Accounting Software system collects vast amount of data about the economic event experienced by a company and about the parties with whom the company engages, such as suppliers and customer. Business Decision makers takes advantages of this wealth of information by using data analytics, which often employs both software and statistics, to draw interference and make more informed business decision. As both data access and analytical software, improve the use of data analytics to support decision is becoming increasingly common at virtually all types of companies.

You may also be interested to know that the use of artificial intelligence and machine learning technologies in the tax accounting field is growing.

Perform Research online to determine data analytics technologies that are currently being utilized in the tax and accounting field. Excel is pervasive and is used by almost every company, so you should research a different technology so that collectively as a class, we learn about new technologies that are being implemented. Provide an example and summary explanation of one of your finding