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11/6/2019Leveraging Visualization toCommunicate Complex Data &AnalysesSeries 3 – November 6, 2019To Receive CPE Credit Participate in entire webinar Answer polls when they are provided If you are viewing this webinar in a group Complete group attendance form with Title & date of live webinar Your company name Your printed name, signature & email address All group attendance sheets must be submitted to within 24 hours of live webinar Answer polls when they are provided If all eligibility requirements are met, each participant will be emailed their CPEcertificates within 15 business days of live webinar1
11/6/2019Doug Manhart, CFEMark SolomonDirector,Forensics & Valuation ServicesDirector,Forensics & Valuation ServicesDefinition of big data“Information of extreme size, diversity & complexity”Four v’s: volume, velocity, variety, veracitySource: Gartner, Inc., jsp2
11/6/2019VolumeData universe Created in last two years: 90%Variety3
11/6/2019VelocityThere are 2.5 quintillion bytes of data created each day at ourcurrent pace, but that pace is only accelerating with the growthof the internet of things (IoT)Source: https://www.forbes.com/sites/bernardmarr/Veracity In order for the data to be meaningful, we need to be able totest its accuracy Companies are increasingly basing major decisions on dataanalytics Garbage in, garbage out4
11/6/2019More importantly You have data—lots of it—& need to be using itDefinition of analytics analysis methods designed to extractuseful information for answering strategicquestions .5
11/6/2019Data Analytics Tools & TechniquesUnstructured Data AnalyticsVisual AnalyticsRelationship MappingTechniquesStructured Data Analytics6
11/6/2019ToolsStandard Analysis(Excel, Access)Data Analytics(ACL, IDEA, SQL, Arbutus)Data Visualization(Tableau, Analysts’ Notebook, Qlikview, Spotfire)Artificial Intelligence(Machine Learning, Social Media, Sentiment)Source: vocabulary7
11/6/2019Source: vocabularySource: vocabulary8
11/6/2019Source: vocabularySource: vocabulary9
11/6/2019Source: vocabularySource: vocabulary10
11/6/2019Source: vocabularySource: vocabulary11
11/6/2019Source: vocabularyCommon Issues/Misconceptions “Excel on steroids” Replaces ACL/SQL Used to “perform” analytics Pricing Learning curve/nuances Filtering into a hole12
11/6/2019Application FrameworkThe Three V’s for Identifying Opportunities1. Viable Problem is suited to available tools2. Valuable Is it worth doing? ROI?3. Vital Technology is key to success13
11/6/2019Best Practices Three key success factors AccuracyActionableAttractiveBest Practices Who is my user? The doerThe analyzerThe deciderThe casual learnerThe museum goer14
11/6/2019Best Practices Visualization components yExampleshttps://analytics.bkd.com/15
11/6/2019Best Practices - ExamplesBest Practices – DevicesPhoneTablet3216
vesDataManageQUESTIONS?17
11/6/2019Continuing Professional Education(CPE) CreditsBKD, LLP is registered with the National Association of State Boardsof Accountancy (NASBA) as a sponsor of continuing professionaleducation on the National Registry of CPE Sponsors. State boards ofaccountancy have final authority on the acceptance of individualcourses for CPE credit. Complaints regarding registered sponsorsmay be submitted to the National Registry of CPE Sponsors throughits website: www.nasbaregistry.orgThe information in BKD webinars is presented by BKD professionals, but applying specific information to yoursituation requires careful consideration of facts & circumstances. Consult your BKD advisor before acting on anymatters covered in these webinarsCPE Credit CPE credit may be awarded upon verification of participantattendance For questions, concerns or comments regarding CPE credit,please email the BKD Learning & Development Department [email protected]
11/6/2019THANK YOU!Doug Manhart, CFEMark SolomonDirectorDirectorForensics & Valuation ServicesForensics & Valuation ServicesDallas 972.702.8262 [email protected] 417.865.8701 [email protected]
Leveraging Visualization to Communicate Complex Data & Analyses Series 3 –November 6, 2019 Participate in entire webinar Answer polls when they are provided If you are viewing this webinar in a group Complete group attendance form with Title & date of live webinar Your compa
