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Academic Journal of Business & Management, 2022, 4(1); doi: 10.25236/AJBM.2022.040114.

Enterprise Financial Report under the Background of Big Data

Author(s)

Zufang Tan, Furong Cao, Jiaoling Lu, Yuxin He, Xinyi Liu, Chu Zhang

Corresponding Author:
Chu Zhang
Affiliation(s)

Zhangjiang Science and Technology College, Zhanjiang 524000, Guangdong, China

Abstract

With the rapid development of information technology, the era of big data management has come. This is both a challenge and an opportunity for the financial management of SMEs. The data age provides a more comprehensive and accurate analysis platform for corporate finance, but it also has a great negative impact on traditional corporate financial management methods. Therefore, under the background of big data analysis, corporate finance will face new challenges. In order to manage corporate finance, it must continue to innovate and reform. This article will discuss the issues of corporate financial analysis in the context of big data analysis, understand the relevant knowledge and theories of the company’s financial statements on the basis of literature data, and then build a corporate financial sharing platform based on big data, and make use of the platform the cited algorithm is tested, and the test results show that the algorithm in this paper has a greater advantage in clustering time than the k-means algorithm.

Keywords

Big Data, Corporate Finance, Data Reporting, Corporate Decision-Making

Cite This Paper

Zufang Tan, Furong Cao, Jiaoling Lu, Yuxin He, Xinyi Liu, Chu Zhang. Enterprise Financial Report under the Background of Big Data. Academic Journal of Business & Management (2022) Vol. 4, Issue 1: 78-84. https://doi.org/10.25236/AJBM.2022.040114.

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