The Impact of Big Data Analytics and Business Intelligence on Management Accountants: A Critical Appraisal

Abstract

This study critically examined the Impact of Big Data Analytics and Business Intelligence on Management Accountants in three multinational companies namely Apple, Amazon and Google were the impact of big data and business intelligence on Management Accountants evaluated. Literature review was used as the basis of the analysis of the impact in the three companies. There was no statistical inference or empirical analysis. The impact was measured using literature review. The study reveals that the three companies had a huge impact on the work of management accountants on the area of storage of business information, retrieval of business information, dissemination of business information and decision making. Also, the study pointed out that the advent of big data and business intelligence had made the work of management accountants easy and secured. In conclusion, it was stated that the usefulness and the importance of big data analytics and business intelligence technologies to the three multinational companies and other companies in the world at large, cannot be over-emphasized. Finally, the study recommended that every organizations both public and private should leverage on the new technology.