Do CPAs Have a Role in Business Intelligence
- Tuesday, 14 February 2012
- Running a Firm
A few years ago, companies that included Thomson, CCH and Sage started marketing products that let users perform scenarios within financial statements. They could change entries in profit and loss statements or on balance sheets and the numbers would ripple through the system. They could also calculate ratios as part of providing clients insight into their businesses. These tools are part of business intelligence, although by no means all of the capabilities that fall under that often-abused term.
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