The Hype of Big Data Analytics and Auditors

In the era of fast-tracking digitization and unconventional big data analytics, business models are being reshaped and they impact auditing amongst auditors. This viewpoint paper takes into account the procedures underlying on big data and its analytics in driving the evolution of business and ident...

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Main Authors: Prem Lal Joshi, Govindan Marthandan
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2019-01-01
Series:Emerging Markets Journal
Subjects:
Online Access:http://emaj.pitt.edu/ojs/index.php/emaj/article/view/153
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author Prem Lal Joshi
Govindan Marthandan
author_facet Prem Lal Joshi
Govindan Marthandan
author_sort Prem Lal Joshi
collection DOAJ
description In the era of fast-tracking digitization and unconventional big data analytics, business models are being reshaped and they impact auditing amongst auditors. This viewpoint paper takes into account the procedures underlying on big data and its analytics in driving the evolution of business and identifies some of the unresolved issues and concerns on auditors, especially in the context of cognitive tasks. The paper continues to focus on the current spate of discussions on big data and auditing profession. It explains the nature of big data and its characteristics as well as the output types. This paper also tries to find answers for what is new in it, how it assists the auditors along with some unresolved  issues and concerns. Since big data analytics is the future, auditors need to reshape themselves in terms of skills and competencies to meet the emerging technological challenges.
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spelling doaj.art-37f9e27764504a7dab4e2b35a208732c2022-12-21T18:22:50ZengUniversity Library System, University of PittsburghEmerging Markets Journal2158-87082019-01-01821410.5195/emaj.2018.153105The Hype of Big Data Analytics and AuditorsPrem Lal Joshi0Govindan Marthandan1Multimedia UniversityMultimedia UniversityIn the era of fast-tracking digitization and unconventional big data analytics, business models are being reshaped and they impact auditing amongst auditors. This viewpoint paper takes into account the procedures underlying on big data and its analytics in driving the evolution of business and identifies some of the unresolved issues and concerns on auditors, especially in the context of cognitive tasks. The paper continues to focus on the current spate of discussions on big data and auditing profession. It explains the nature of big data and its characteristics as well as the output types. This paper also tries to find answers for what is new in it, how it assists the auditors along with some unresolved  issues and concerns. Since big data analytics is the future, auditors need to reshape themselves in terms of skills and competencies to meet the emerging technological challenges.http://emaj.pitt.edu/ojs/index.php/emaj/article/view/153Big DataBig Data AnalyticsAuditorsUnresolved Issues
spellingShingle Prem Lal Joshi
Govindan Marthandan
The Hype of Big Data Analytics and Auditors
Emerging Markets Journal
Big Data
Big Data Analytics
Auditors
Unresolved Issues
title The Hype of Big Data Analytics and Auditors
title_full The Hype of Big Data Analytics and Auditors
title_fullStr The Hype of Big Data Analytics and Auditors
title_full_unstemmed The Hype of Big Data Analytics and Auditors
title_short The Hype of Big Data Analytics and Auditors
title_sort hype of big data analytics and auditors
topic Big Data
Big Data Analytics
Auditors
Unresolved Issues
url http://emaj.pitt.edu/ojs/index.php/emaj/article/view/153
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