What is the meaning of Big Data?

Assignment/Case Study

ACC 411 Intermediate Financial Accounting-II

Section 1:

Please click the below link to download the case study for the assignment, the title is “Accounting for Bitcoins at Tesla.” Go through the pages in detail and see the discussion questions. We will discuss this in class and I will let you know which questions you need to respond to!

https://hbsp.harvard.edu/import/983141

Section 2:

Please use resources and references from Google Scholar and Research gate to answer the following questions:

1. What is the meaning of Big Data?
2. Why is Big Data important for Accounting and Financial Reporting?
3. Are there any accounting standards around Big Data, can you find a real-life example?
4. What skills do you need to be a professional accountant who can use Big Data?
5. Find the name of some firms that use Big Data accounting?

Section 3:

Download the annual reports of Almarai from the below link. Review the financial statement and the cash flow statement at the end. Answer the following questions?

1. How did they calculate the cash flow from operating activities? Read the notes and explain in the answer do you understand all that is happening in the statement!!

https://annualreport.almarai.com/financial-statement.html

Best of luck

Dr Nazia Adeel!