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The role of professional accountants in data

The explosion of data through the global economy creates challenges and opportunities for professional accountants and others who are being called on to oversee, manage, and measure the value of data.

Is data a commodity or an asset that grows in value as it is used? In truth, it is both. As data creation explodes through the global economy, this dichotomy is creating new challenges and opportunities for professional accountants and others who are being called on to oversee, manage, and measure the value of data.

This joint publication by CPA Canada and the International Federation of Accountants (IFAC) presents compelling information for forward-thinking CPAs—and future CPAs—to consider as they forge new paths in the digital economy. This paper also includes three case studies. CPA Canada and IFAC welcome your thoughts.