Integrating Analytical Skills 1

Description

This class integrates data preparation and analytical techniques through a structured accounting problem. Combining these skills is important because answering accounting questions generally requires multiple steps rather than a single analytical technique.

Motivation

Can we combine our data preparation and analytical skills to answer an accounting question?

Review

The course has progressed from evaluating data quality to preparing data and analyzing both transactions and text. This class brings those skills together and reinforces the complete process from receiving data through producing an analytical result. This is class one of a two class sequence

Class plan

• We will review the course diagram and highlight how software like Alteryx can provide integrated analyses, called workflows.
• We will discuss how Gen-AI can help us build analytical workflows when using Alteryx and how we can validate a Gen-AI suggestion.
• We will use a new software, Alteryx, to help us understand integrating analytical skills into a single workflow.
• We will revisit some old problems we encountered earlier in the course and solve them using Alteryx and discuss how the Alteryx canvas helps us visualize the steps in a workflow in a logical sequence that is easy to follow, check, and repeat.

Topics

• analytic workflows

Materials

• Slides

  Slides Class 09

  View slides: Slides Class 09

Tools

• Alteryx