You will be creating a flow chart using Lucidchart
· This research paper requires a minimum of two scholarly references: academic journals, professional journals, and/or appropriate authoritative references such as FASB Codification System, COSO, COBIT, Audit Standards, etc.
· Be sure to provide specific examples throughout your paper to back up your statements
· All research papers are submitted in APA format for sources and citations.
You will be creating a flow chart using Lucidchart (be sure the chart can be identified as coming from Lucidchart) or Visio (usually comes with Office 365), that shows the steps of how you would collect and analyze data used in Predictive Analytics for an area of accounting that interests you. Remember you are looking for data that correlates to how you plan to predict something (more detail is provided on the template).
Analysis Requirements:
· Think of a “problem” that you want to solve using predictive analysis. For example, in tax you may want to predict the tax liability if the company decides to expand internationally, in governmental accounting, you may want to predict the impact on your budget if more or less tax revenue is generated, etc.
· Based on your readings and peer reviewed literature use the template provided to complete this assignment
· Review the short video below on how to use Lucidchart, load in the software (remember to use your Keiser Student Email address when you sign up for the free version of the software at https://www.lucidchart.com/pages/usecase/education
· Be sure your flow chart corresponds to the your text that describes specifically how data is collected and analyzed for predictive analysis of your topic.
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