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Leveraging Visualization to Communicate Complex Data &
AnalysesSeries 3 – November 6, 2019
• Participate in entire webinar• Answer polls when they are provided• If you are viewing this webinar in a group
Complete group attendance form with• Title & date of live webinar• Your company name• Your printed name, signature & email address
All group attendance sheets must be submitted to within 24 hours of live webinar Answer polls when they are provided
• If all eligibility requirements are met, each participant will be emailed their CPE certificates within 15 business days of live webinar
To Receive CPE Credit
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Doug Manhart, CFEDirector, Forensics & Valuation Services
Mark SolomonDirector, Forensics & Valuation Services
Definition of big data
“Information of extreme size, diversity & complexity”
Four v’s: volume, velocity, variety, veracity
Source: Gartner, Inc., http://www.gartner.com/technology/topics/big-data.jsp
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Volume
Created in last two years: 90%
Data universe …
Variety
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Velocity
There are 2.5 quintillion bytes of data created each day at our current pace, but that pace is only accelerating with the growth of the internet of things (IoT)
Source: https://www.forbes.com/sites/bernardmarr/
Veracity• In order for the data to be meaningful, we need to be able to
test its accuracy• Companies are increasingly basing major decisions on data
analytics• Garbage in, garbage out
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More importantly …
You have data—lots of it—& need to be using it
Definition of analytics
… analysis methods designed to extract useful information for answering strategic
questions ...
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Data Analytics Tools & Techniques
Techniques
Structured Data Analytics
Unstructured Data Analytics
Visual Analytics
Relationship Mapping
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Tool
s
Standard Analysis(Excel, Access)
Data Analytics (ACL, IDEA, SQL, Arbutus)
Data Visualization (Tableau, Analysts’ Notebook, Qlikview, Spotfire)
Artificial Intelligence(Machine Learning, Social Media, Sentiment)
Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
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Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
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Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
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Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
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Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
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Source: https://public.tableau.com/en-us/s/gallery/visual-vocabulary
Common Issues/Misconceptions• “Excel on steroids”• Replaces ACL/SQL• Used to “perform” analytics• Pricing• Learning curve/nuances• Filtering into a hole
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Application Framework
The Three V’s for Identifying Opportunities1. Viable
Problem is suited to available tools2. Valuable
Is it worth doing? ROI?3. Vital
Technology is key to success
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Best Practices• Three key success factors
Accuracy Actionable Attractive
Best Practices• Who is my user?
The doer The analyzer The decider The casual learner The museum goer
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Best Practices• Visualization components
Graphic Color/Size Location Filters Device Interactivity
Exampleshttps://analytics.bkd.com/
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Best Practices - Examples
Best Practices – Devices
32Phone Tablet
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Strategic Question
Objectives Data
Procedures Analyze
Manage
QUESTIONS?
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Continuing Professional Education (CPE) Credits
The information in BKD webinars is presented by BKD professionals, but applying specific information to your situation requires careful consideration of facts & circumstances. Consult your BKD advisor before acting on any matters covered in these webinars
BKD, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
• CPE credit may be awarded upon verification of participant attendance
• For questions, concerns or comments regarding CPE credit, please email the BKD Learning & Development Department at [email protected]
CPE Credit
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THANK YOU!Doug Manhart, CFEDirectorForensics & Valuation ServicesDallas | 972.702.8262 | [email protected]
Mark SolomonDirectorForensics & Valuation ServicesSpringfield | 417.865.8701 | [email protected]
