THE USE OF STATISTICAL METHODS IN ANALYZING ACCOUNTING DATA
Keywords:
Keywords: statistics, accounting data, regression analysis, financial reporting, data accuracy, forecasting.Abstract
Abstract: This research explores how statistical methods are applied in analyzing accounting data to enhance accuracy, reliability, and decision-making. The integration of statistics into accounting processes helps identify financial trends, detect irregularities, and predict future performance. Using a qualitative research approach, the article reviews relevant literature and discusses how tools such as correlation, regression, and time-series analysis support accountants in evaluating financial statements. Findings show that the use of statistical techniques improves data quality, strengthens auditing, and supports evidence-based financial decisions.
References
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5.International Federation of Accountants (IFAC). (2024). Integrating Statistical Methods in Financial Analysis. Retrieved from https://www.ifac.org
6.Would you like me to convert this article into a Word (.docx) file — same format as your first uploaded AI accounting paper (title page, spacing, and alignment identical)?
