What was he attempting to do by examining the financial numbers?
“ The Accountant” is an action movie that was produced in the year 2016 by the American film director, Gavin O'Connor with Bill Dubuque as the chief writer. Ben Affleck who is the main actor, is an accountant hired to try and find out all the financial deceptions that have been taking place in the organization due to criminal activities. Having the fact that he works for the most criminal companies in the country, he decides to leave the dangerous working environments for those criminals and later decides on taking a legitimate job at one of the recognized accounting firms in the US (Howell, Williams, & OConnor, 2016) . As he takes the new job in the Robotic Company, he discovers a fraud that involves a considerable amount of money estimated to be in millions of dollars. When he is examining the financial numbers, he is trying to uncover the truth and dig deeper into the issue involving the loss of the millions of dollars in that company. As he continue to establish the root-cause, Affleck’s actions only leads him to more and more misery. Affleck discovers that it is the body count that is starting to rise and therefore needs more analytic strategies. His main job is to find out any financial deceptions that the company might be involved in where he likes to be paid through valuable paintings or gold bars (Howell, Williams, & OConnor, 2016) . As he goes through the accounts statements, he discovers some things that threaten his life and becomes a marked man .
Discuss what is business intelligence, automation, and data analytics?
There are arious strategies as well as ways of running a business to its success point. One of the ways include Business intelligence which contains the strategies as well as technological processes that are used in the analysis of data by various organizations in order to present actionable information that will help the top officers to make sound business decisions. Business Intelligence technology aids in the provision of historical, current, as well as predictive views of business operations (Kokina, & Davenport, 2017). On the other hand, there is what is known as automation. Automation is a technology used in organizations to assist them to control as well as monitor the production together with delivery activities of various goods and services produced by the company at different stages.
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It is important to note that various companies widely practice three main types of automation; they include fixed automation, programmable automation, and final flexible automation. This kind of strategy is very advantageous to the company in the sense that it increases higher production rates as well as productivity. It also enhances high utilization of materials beings used and good quality products that are finished on time (Kokina, & Davenport, 2017). Finally, there is what is known as Data analytics, which is the science that is used in the analysis process of raw data in the aim of making better conclusions concerning that particular information. Most of the strategies used in the process of data analytics have now been automated to form mechanical processes and algorithms that are known to work efficiently over raw data for human consumption.
What are some ways auditors can use these to help in an audit?
Auditors, on the other hand, use the mentioned technologies into their advantage in order to improve their work. First of all, they can use the Business Intelligence technology to analyze the financial statements in order to be able to have actionable information on their hands that will be used to guide their next step especially right decisions regarding the financial sector. Secondly, the automation technology can help the auditors in the sense that it helps in monitoring and controlling the production process, which can help the auditors in being sure of the delivery process. This monitoring will help in reducing fraud and other dirty businesses around the organization they are working for.
Additionally, the data analytic strategy can help the auditors in analyzing raw data before making any decision (Kokina, & Davenport, 2017). As such, data analytics help businesses in making good decisions as well as conclusion before closing any deal with any other party or the ones within the organization. It will also help in reducing fraud cases since the statements will be analyzed at the beginning when they are raw in order to make a conclusion that is not only safe for the auditor but also to the company as well. Therefore, this means that the auditors need to familiarize themselves with these three strategies in order to secure their position in the companies they are working for.
How could business intelligence, automation, and data analytics have been used to solve the problems he was trying to solve in this movie clip?
All the three technologies could have been used in the movie clip if they applied them in their analysis. For instance, Ben Affleck could have used the three technologies to dig deeper into the situation and then find the cause of the problems in order to make better decisions regarding the steps to take afterwards. Knowing the root cause of a problem before making any attempts to handle it is the only way of finding solutions that will sustain the situation to better positions (Howell, Williams, & OConnor, 2016) . Therefore applying the above techniques could have played a considerable role when addressing the situation. They could also have been used to accurately and deeply analyze the case before deciding on the next step. This could have avoided the problems he faced later as a marked man.
References
Howell, L. (Producer), Williams, M. (Producer), & OConnor, G. (Director). (2016). The Accountant [Motion Picture]. United States: Box Office.
Kokina, J., & Davenport, T. H. (2017). The emergence of artificial intelligence: How automation is changing auditing. Journal of Emerging Technologies in Accounting, 14 (1), 115-122.
