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- Creators: Barrett, The Honors College
- Creators: Dawson, Gregory
- Creators: Benali, Kayla
- Resource Type: Text
The next question: What do these changes in the roles and responsibilities look like for the auditors of the future? Cognitive technology will assuredly present new issues for which humans will have to find solutions.
• How will humans be able to test the accuracy and completeness of the decisions derived by cognitive systems?
• If cognitive computing systems rely on supervised learning, what is the most effective way to train systems?
• How will cognitive computing fair in an industry that experiences ever-changing industry regulations?
• Will cognitive technology enhance the quality of audits?
In order to answer these questions and many more, I plan on examining how cognitive technologies evolved into their use today. Based on this historic trajectory, stakeholder interviews, and industry research, I will forecast what auditing jobs may look like in the near future taking into account rapid advances in cognitive computing.
The conclusions forecast a future in auditing that is much more accurate, timely, and pleasant. Cognitive technologies allow auditors to test entire populations of transactions, to tackle audit issues on a more continuous basis, to alleviate the overload of work that occurs after fiscal year-end, and to focus on client interaction.
This thesis identifies and explains two main problems students face during their internships. The first problem relates to feeling bored at internships due to the simplicity of projects or lack of work. From the interviews conducted, several strategies to avoid this boredom were created, including having employers design education plans for interns to further their knowledge in programs such as excel during their downtime. The second problem with internships discovered focuses on the gap between what is taught in schools versus what is expected of interns in practice. This thesis identifies several opportunities for improvement in education and strategies on how to handle feeling overwhelmed on intern projects due to lack of knowledge.
Corporate buzzword terms like “big data” and “data analytics” are vague in meaning, and are thrown around by media sources often enough to obfuscate their actual meanings. These concepts are then associated with company-wide initiatives beyond the reach of the individual, in a nebulous world where people know that analytics happens, but don’t understand what it is.
The power of data analytics is not reserved for company-wide initiatives, or only employed by Silicon Valley tech start-ups. Its impacts are visible down at the team or department level, and can be conducted by the individual employees. The field of data analytics is evolving, and within it exists a rapid transition in which the individual employee is becoming a source for insight and value creation through the adoption of analytics based approaches.
The purpose of this thesis is to showcase an example of this claim, and demonstrate how an analytics based approach was applied to an existing accounting process to create new insights and information. To do this, I will discuss my development of an Excel based Dashboard Analytics tool, which I completed during my internship with Bechtel Corporation throughout the summer of 2018, and I will use this analytics tool to demonstrate the improvements that small-scale analytics had on a pre-existing process. During this discussion, I will address conceptual aspects of database design that related to my project, and will show how I applied this classroom learning to a working environment. The paper will begin with an overview of the desired goals of the group in which I was based, and will then analyze how the needs of the group led to the creation and implementation of this new analytics-based reporting tool. I will conclude with a discussion of the potential future use of this tool, and how the inclusion of these analytical approaches will continue to shape the working environment.
A survey of 133 engineering students at Arizona State University (ASU) was conducted to determine if extracurricular activities correlated to the amount of internships a student receives. The problem that ASU engineering students are having is that finding an internship during college and consequently finding a job after graduation is getting more difficult due to the intense competition, not only at ASU, but at every other college and university across the globe. The literature review showed that employers are looking for more from a potential candidate besides a degree and a good GPA (Grade Point Average). Employers are looking for well-developed leadership and soft skills (Dalessio, 1989). These attributes are not always learned in the classroom and many students are under the false impression that an engineering degree alone is enough to land them a job. The survey that was conducted proved that the more engineering-related extracurricular activities a student engages in, the greater the chance of finding an internship. Similarly, a linear relationship was also found between the number of activities involved in and number of interviews received. From the literature review, relevant experience is of utmost importance to many employers. Because of this, not receiving an internship throughout college greatly lessens a students’ success finding a job after college. The survey showed male students do far less extracurricular activities according to the survey compared to females. The males from the survey had a 51% percent success rate of finding an internship compared to the 71% success rate of females. As a Peer Career Coach at ASU, students come to me far too often and far too late in their academic career with empty resumes and lack of involvement. Each and every one of these students struggle heavily to find internships and eventually jobs. This problem can easily be addressed, but students must be aware that a high GPA in an engineering degree alone will not make them competitive in the job market.