...Beng Wee Goh; Na Li; Tharindra Ranasinghe SYNOPSIS This paper investigates whether the use of Big Data analytics by firms has a spillover effect on management forecasting behavior. Insights provided by Big Data could potentially improve firms’ ability to forecast earnings (supply channel...

...Travis P. Holt; Tina M. Loraas SYNOPSIS This study examines the effects of information structure on auditor judgment and decision-making. Based on cognitive load theory, we predict that the variety of evidence inspired by Big Data likely lead to increased perceptions of ambiguity, which in turn...

.... This essay argues that a change in standards to focus on data, the processes that generate them, and their analysis, rather than their presentation, will add value and relevance to the accounting profession, empower end users, and improve the efficiency of the capital markets. Big Data accounting...

...Juan Zhang; Xiongsheng Yang; Deniz Appelbaum SYNOPSIS Big Data now pervades every sector and function of the global economy. This paper focuses on the gaps between Big Data and the current capabilities of data analysis in continuous auditing (CA). It identifies four dimensions of Big Data and five...

...J. Donald Warren, Jr; Kevin C. Moffitt; Paul Byrnes SYNOPSIS Big Data will have increasingly important implications for accounting, even as new types of data become accessible. The video, audio, and textual information made available via Big Data can provide for improved managerial accounting...

...Min Cao; Roman Chychyla; Trevor Stewart SYNOPSIS Big Data analytics is the process of inspecting, cleaning, transforming, and modeling Big Data to discover and communicate useful information and patterns, suggest conclusions, and support decision making. Big Data has been used for advanced...

...Michael G. Alles SYNOPSIS Big Data is one of the most important developments in management practice today, with McKinsey Global Institute (2011) arguing that it will fundamentally change business. Forbes (2013) states that “the market for Big Data will reach $16.1 billion in 2014...

...Helen Brown-Liburd; Hussein Issa; Danielle Lombardi SYNOPSIS This paper addresses information processing weaknesses and limitations that can impede the effective use and analysis of Big Data in an audit environment. Drawing on the literature from psychology and auditing, we present the behavioral...

...Kyunghee Yoon; Lucas Hoogduin; Li Zhang SYNOPSIS In this paper we argue for the use of Big Data as complementary audit evidence. We evaluate the applicability of Big Data using the audit evidence criteria framework and provide cost-benefit analysis for sufficiency, reliability, and relevance...