This course has been refreshed as a full-day course.

Programme Objective

Finance and accounting professionals are required to adapt to the evolving landscape of data-driven decision-making in today's business environment. With the exponential growth of data volumes and the increasing complexity of financial transactions, professionals in these fields must harness Big Data analytics techniques to extract actionable insights, mitigate risks, optimize processes, and drive strategic business outcomes effectively. Big Data training equips finance and accounting professionals with the necessary skills to leverage advanced analytics tools and methodologies, navigate large and diverse datasets, and interpret complex data patterns to make informed decisions, enhance financial performance, ensure regulatory compliance, and gain a competitive edge in their respective industries.

Our expert trainer will work with every participant to help them understand how the data can be streamlined and used in a meaningful manner to derive further insights and decision making for the growth of both Small and Medium Enterprises or Large Enterprises

Learning Outcomes

• Gain insight into analysis and interpretation through multiple examples of how Big Data is being used in real world
• Understand how to leverage the use of big data to improve efficiency and productivity
• Understand the application and implementation of Big Data tools and concepts across various industries

Programme Outline

 

• Introduction to Big Data in Finance and Accounting
  • Big Data Technologies Overview and applicability of Big Data in Current World
  • Examples of Big Data
  • Application to Business Management
• Big Data Analytics Applications in Finance
  • Overview of Big Data and its significance in finance and accounting.
  • Understanding how Big Data can enhance financial analysis and decision-making processes
  • Introduction to Hadoop ecosystem and its relevance to finance
  • Explanation of key concepts such as distributed computing, and scalability
  • Exploring real-world use cases of Big Data analytics in financial services
  • Understanding how Big Data can facilitate fraud detection, risk management, and customer segmentation
• Data Preparation and Learning about various Big Data tools and their features
  • Details of Big Data Tools and its applications in real business scenarios
  • Learning Big Data Tools Architecture and Ecosystem
  • Leaning about most commonly used Big Data tools
  • Using Big Data and its concepts to prepare financial data for analysis
• Discussion on the potential impact of Big Data on financial reporting
• Singapore's experience in utilising Big Data - How Singapore pioneers in application of Big Data and Analytics
  • Use of practical examples to showcase Singapore’s expertise and relevance to real world
  • Using Big Data and Analytics to solve Business Problems

Training Methodology

Live webinar with examples and case studies

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

The training is ideal for those (such as Accountants, Controllers, Directors, Sr. Directors, Finance managers, Auditors and all accounting professionals) who deal with large volume of data and have access to large data set in their respective organization and need tools and technologies for further enhancing their efficiency and productivity. This workshop is apt for those people who want to understand the analytical perspective to data and draw further insights

Programme Facilitator(s)