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Forensic Accounting Investigation
Finance & Accounting
Pages 4 (1004 words)
Business Intelligence 1.1 Introduction: Business intelligence is a computer based technique, used to analyze and identify the business data regarding sales and income, by product or by department. It also helps to determine various income and expenses associated to the business.
1). 1.2 Why is this issue? The purpose of using business intelligence in the organization is to identify and collect business data and to make better decision on various aspects of business including proper accounting practices. Business intelligence system will also help the business to make effective business decisions and the resultant financial gains besides facilitating business growth. Accurate information is nessaccery for taking efficient decision in the business. Business intelligence system would also help the business to get accurate and reliable data in the organization. “Business Intelligence Solutions (BIS) lead to better business decision making through providing access to enterprise data for easy analysis against Key Performance Indicators” (Business Intel n.d., para. 2). Many organizations have become subjects of fraudent practices due to the lack of proper forensic accounting systems focusing on business intelligence. The research will help highlight this issue and evolve ways and means to counter the same. 1.3 What could this research shed light on? There have been a number of researches conducted on this topic. ...
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