Decision Support News
D. J. Power, Editor
October 14, 2018 Vol. 19, No. 21
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1) How might AI, Blockchain and Decision Support impact Accounting and Auditing?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
Check Power, D., C. Heavin, J. McDermott & M. Daly (2018), "Defining business analytics: an empirical approach," Journal of Business Analytics, 1:1, 40-53, DOI: 10.1080/2573234X.2018.1507605 . Link to this article at https://doi.org/10.1080/2573234X.2018.1507605.
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1) How might AI, Blockchain and Decision Support impact Accounting and Auditing?
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by Daniel J. Power
Historically, bookkeepers, accountants, and auditors have maintained financial records and created decision-relevant reports and analyses for managers. Accountants and accounting software regularly process invoices, expenses, payroll, receipts and other financial data. Since the adoption of computers and accounting software, the number of "clerks" needed to record financial data has declined steadily as a percentage of the population and the rate of that trend is increasing. Bookkeeping and accounting have been disrupted by technology for more than 135 years. For example, in 1880, men were primarily the bookkeepers, cashiers, and accountants. As more machines and technology were used for these tasks more women entered those occupations [1]. Now Artificial Intelligence and other technologies may further change the accounting profession.
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2) Recent Decision Support Headlines
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10/11/2018 RapidMiner launches next generation cloud data science platform. Check release.
10/10/2018 Outlier introduces AI powered automated business analysis platform. Check release.
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3) Upcoming Decision Support Conferences
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1. DSI 2018 Annual Meeting November 17-19, 2018 in Chicago, IL. Check http://dssresources.com/faq/index.php?action=artikel&id=415.
2. Pre-ICIS SIGDSA Event, December 12-13, 2018 in San Francisco, California, USA. The theme is Decision Analytics Connecting People, Data, and Things at URL https://preicis2017sigdsa.wordpress.com/
3. Call for Papers: ICDSST 2019, May 27-29, 2019, Madiera, Portugal. Check http://dssresources.com/news/5024.php. Deadline submission of full papers: 30 November 2018.
4. Call for Papers: Special issue Journal of Decision Systems on Cognitive Bias, Decision Styles and Risk Attitudes. Check call. Deadline: December 30, 2018.
5. Call for articles Journal of Business Analytics, an official journal of the Operational Research Society. The journal serves the emerging and rapidly growing community of business analytics both in academia and industry. Check https://www.tandfonline.com/toc/tjba20/current.
Order Daniel Power and Ciara Heavin's book: Decision Support, Analytics, and Business Intelligence, Third Edition, Click here
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New book: Power, D. and C. Heavin, Data-Based Decision Making And Digital Transformation, Business Expert Press, 2018 at URL Click here. EBook Price $19.95, Print Price $34.95, In Stock June 10, 2018.
Power & Heavin (2018) argue "Digital disruption is accelerating. Implementing a successful digital transformation strategy requires that senior managers make trade-off decisions to reinvent a business. Equally important all decision makers must learn to ask the right questions, use data and computer support in decision making, and increase their knowledge and skills. Creating a data-centric culture and rewarding data-based decision making leads to successful digital transformation."
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