Big Data Analytics in Financial Accounting: Opportunities And Challenges

Authors

  • Lakshya Swarup

    Chitkara Centre for Research and Development, Chitkara University, Himachal Pradesh, India

  • Dr. Pawan

    Assistant Professor, Maharishi School of Business Management, Maharishi University of Information Technology, Lucknow, Uttar Pradesh, India

  • Dr. Shoaib Mohammed

    Assistant Professor, ISME, ATLAS SkillTech University, Mumbai, India

  • Dr. Sasmita Pattnaik

    Assistant Professor, Department of Management, Siksha 'O' Anusandhan (Deemed to be University), Bhubaneswar, Odisha, India

  • Dr.R. Blessie Pathmu

    Assistant Professor, Master of Business Administration, Sathyabama Institute of Science and Technology, Chennai, Tamil Nadu, India

  • V. Amritharaju

    Associate Professor, Department of Aerospace Engineering, Faculty of Engineering and Technology, JAIN (Deemed-to-be Univsity), Ramanagara District, Karnataka, India

  • Lokesh Verma

    Centre of Research Impact and Outcome, Chitkara University, Rajpura, Punjab, India

How to Cite

Swarup, L. ., Pawan , D. ., Mohammed , D. S. ., Pattnaik , D. S. ., Pathmu, D. B. . ., Amritharaju , V. ., & Verma , L. . (2025). Big Data Analytics in Financial Accounting: Opportunities And Challenges. International Journal of Accounting and Economics Studies, 12(SI-1), 14-18. https://doi.org/10.14419/p73vds98

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025

DOI:

https://doi.org/10.14419/p73vds98

Keywords:

Financial Accounting; Big Data Analytics; Opportunities, Challenges; Real Time; Data Science

Abstract

Large volumes of unstructured data collected from many sources and kept in multiple formats make up big data in accounting and finance. It is often measured in terabytes and zettabytes and arrives so quickly that a standard server cannot handle it. Big data in accounting and data science, which provides real-time access to the data, enables accountants to identify issues so that businesses may make decisions based on verified facts and evidence rather than speculation. As a result, understanding big data analytics in accounting has become crucial for professionals in the finance and accounting fields. The Journal of Big Data and Accounting Data Science is are important resource for understanding the area of data science and analytics.BDA adoption is still in its early stages, with many healthcare institutions considering implementing BDA systems. In order to improve healthcare facilities by keeping patient health records and developing better plans, now is the best moment to adopt or install BDA systems, particularly in healthcare companies. This study contributes to the literature by emphasizing the essential components needed to establish the BDA system. Because they identify early elements that strategy makers should take into account while implementing a BDA system, the study's findings are especially important.

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How to Cite

Swarup, L. ., Pawan , D. ., Mohammed , D. S. ., Pattnaik , D. S. ., Pathmu, D. B. . ., Amritharaju , V. ., & Verma , L. . (2025). Big Data Analytics in Financial Accounting: Opportunities And Challenges. International Journal of Accounting and Economics Studies, 12(SI-1), 14-18. https://doi.org/10.14419/p73vds98

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025