Accountants are expected to have more knowledge about

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Accountants are expected to have more knowledge about big data analytics, to mine new data, understand them and obtain value from those data. Also, as cyber security is a
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main risk associated with technology, accountants should have skills to provide assurance of cybersecurity. Big data analytics also relate to tax, where accountants should be able to gather data and use it to help make tax department business decisions. Also, big data analytics includes having risk management skills and advisory skills, which require accountants to know programming language and use data to provide efficient advice. Question 3 How will video, image, audio and textual data (i.e. data beyond traditional accounting numbers) change accounting? [Hint: refer to Warren et al, 2015] These data is different from traditional accounting information and is unstructured data, which are not limited to numbers, dates, strings. It contains more information and requires more analytics skills of data in order to better obtain information from the data and use it in a more profitable way. Question 4 iHarden is an online company that sells hardware products for new houses to both industrial clients and individual consumers. As a result of its very competitive price schemes, iHarden has developed an extensive customer
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