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You're reading from  Managing Data Integrity for Finance

Product typeBook
Published inJan 2024
PublisherPackt
ISBN-139781837630141
Edition1st Edition
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Author (1)
Jane Sarah Lat
Jane Sarah Lat
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Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
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Data profiling using a data quality framework

A crucial step in determining the quality of your data is data profiling. This entails examining your data to comprehend its composition and linkages. We will be discussing the data profiling features of business intelligence tools in the next two chapters. In this section, we will be using a data quality framework to accomplish data profiling by performing the general steps seen in Figure 3.2:

Figure 3.2 – General steps for data profiling

Figure 3.2 – General steps for data profiling

Let’s go through this, step by step.

Define the criteria for data quality

Determine the relevant data quality metrics that are important to the business. These are the indicators of accuracy, completeness, consistency, timeliness, and validity that we covered earlier in the chapter. To which metrics we will give more importance will be context-specific and depend on what the company aims to achieve.

Continuing our scenario at the start of this chapter...

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Managing Data Integrity for Finance
Published in: Jan 2024Publisher: PacktISBN-13: 9781837630141

Author (1)

author image
Jane Sarah Lat

Jane Sarah Lat is a finance consultant with over 14 years of experience in financial management and analysis for multiple blue-chip multinational organizations. In addition to being a Certified Management Accountant (CMA U.S.) and having a Graduate Diploma in Chartered Accounting (GradDipCA), she also holds various technical certifications, including Microsoft Certified Data Analyst Associate and Advanced Proficiency in KNIME Analytics Platform. Over the past few years, she has been sharing her experience and expertise at international conferences to discuss practical strategies on finance, data analysis, and management accounting. She is also president of the Institute of Management Accountants (IMA) Australia and New Zealand chapter.
Read more about Jane Sarah Lat