Big Data in Management Accounting

The video discusses managerial accounting, emphasizing that it extends beyond numbers to include big data. It introduces big data as a significant element in both financial and managerial accounting, highlighting its role in ongoing reporting and analysis. The video explains the 5 V's of big data: variety, volume, velocity, value, and veracity, detailing how each aspect contributes to effective data management and decision-making.

What new insight or understanding did you gain from this video?

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