Application of Data Analysis Essentials Certificate
The Application of Data Analysis Essentials Certificate (14.0 CPE Credits) offers hands-on experience regarding how to analyze data and calculate fundamental aspects of your data sets. This certificate program provides the core concepts and definitions of data analytics, which explain the anatomy of data as a medium, and provides fundamental statistical analysis techniques for beginning to glean useful information from data.
This certificate is Part 2 of the Data Analyst Certificates Bundle - a comprehensive five-part program that provides training and practical guidance on the topic of data analytics.
Access to the course is granted for one year.
For a limited time, save 20% on all AICPA Certificate Products at checkout.
The Application of Data Analysis Essentials Certificate (14.0 CPE Credits) offers hands-on experience regarding how to analyze data and calculate fundamental aspects of your data sets. This certificate program provides the core concepts and definitions of data analytics, which explain the anatomy of data as a medium, and provides fundamental statistical analysis techniques for beginning to glean useful information from data.
This certificate is Part 2 of the Data Analyst Certificates Bundle - a comprehensive five-part program that provides training and practical guidance on the topic of data analytics.
First, you will learn the different types of variables that make up a data set and perform meaningful calculations on data to discover and explore relationships that yield insights: central tendency, variability, probability, and distribution. Then we will delve into recognizing these qualities in their different forms and how to utilize them in practical business situations. This program offers straightforward exercises to help you practice and immediately apply what you've learned. You will also get exposure to and practice with useful concepts such as quartiles, variance, and standard deviation.
Finally, you will be introduced to one of the most powerful tools available for analyzing data: the open-source "R" platform. You will be guided through an actual use case for analyzing data using R and complete your learning by seeing how the statistical concepts you've just learned can be applied in a real-world example. By completing this certificate, you will have a solid grasp of core statistical techniques underpinning an analytics practice and hands-on-practice using them.
Note: It is recommended that you complete the Data Analysis Fundamentals Certificate, or ensure you have equivalent knowledge and skills, before starting this certificate course.
Learning Labs*
This is an interactive learning program that includes bonus hands-on learning labs that will expose you to the tools needed to implement an analytics practice in a practical way and equip you to deploy those tools as needed within your organization. You will practice using various technologies for preparing, analyzing and managing datasets in the real world.
*Time spent on learning labs does not award CPE and completing learning labs is not a requirement for earning the certificate.
WHO WILL BENEFIT
- Accounting and finance professionals, especially those interested in learning and applying data analysis techniques to help their organizations make informed, data-driven business decisions.
KEY TOPICS
- The nature and types of different variables in data sets and how to use them
- Fundamental statistical concepts for working with data
- Characteristics of data that can be used for conducting analysis
- Basic calculations for analyzing and discovering useful insights from data sets
- How to understand and calculate probability from a data set
- Different types of distribution and how they can be used
- Guided exposure to the open-source R platform and its analytics capabilities
- A practical case study exploring how statistical analysis can be used in a common fraud-detection scenario
- Examples and practice exercises throughout the program to reinforce what you learn
LEARNING OBJECTIVES
- Determine and classify variables.
- Calculate meaningful statistics, including central tendency, measurement and variability, basic probability, conditional probability, advanced probabilities, discrete distributions, and continuous distributions.
- Analyze statistics and distributions in R case study.
- Analyze fraud-detection case study.
Credit Info
- CPE CREDITS: Online: 14.0 (CPE credit info)
- NASBA FIELD OF STUDY: Statistics
- LEVEL: Intermediate
- PREREQUISITES: Recommended: Complete the Data Analysis Fundamentals Certificate or ensure you have equivalent knowledge and skills.
- ADVANCE PREPARATION: None
- DELIVERY METHOD: QAS Self-Study
- COURSE ACRONYM: DALP-S2
This product is published by AICPA and sold through an exclusive partnership with Wiley.
The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.
The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.
The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.
The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.
AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.
A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.
Supported Operating Systems:
- Macintosh OS X 10.10 to present
- Windows 7 to present
Supported Browsers:
- Apple Safari
- Google Chrome
- Microsoft Internet Explorer
- Mozilla Firefox
Required Browser Plug-ins:
- Adobe Flash
- Adobe Acrobat Reader
Technical Support: Please contact service@aicpa.org.