Application of Time Series Analyses in Big Data: Practical, Research, and Education Implications

37 Pages Posted: 30 Mar 2018

See all articles by Zabihollah Rezaee

Zabihollah Rezaee

University of Memphis - School of Accountancy

Alireza Dorestani

Northeastern Illinois University - College of Business and Management

Sara Aliabadi

Northeastern Illinois University - College of Business and Management

Date Written: June 1, 2017

Abstract

The application of Big Data and time series models is currently at an early stage. This paper examines the relevance and use of time series analyses for Big Data and business analytics by discussing the emergence of Big Data in business, presenting time series models, and providing an example of how time series models can be efficiently and effectively applied in accounting and auditing using Big Data. Using sophisticated Big Data and time series models, millions of transactions can be searched to spot patterns and detect abnormalities and irregularities. The time series model and Big Data analysis presented in this paper provide policy, practical, educational, and research implications. Businesses and management can use our suggested time series model and Big Data analysis in their predictive models of managerial strategies, decisions, and actions. Business schools and accounting programs can integrate the time series model, Big Data and data analytics into business and accounting education.

Keywords: big data, time series, data analytics, business analytics

Suggested Citation

Rezaee, Zabihollah and Dorestani, Alireza and Aliabadi, Sara, Application of Time Series Analyses in Big Data: Practical, Research, and Education Implications (June 1, 2017). Available at SSRN: https://ssrn.com/abstract=3148726 or http://dx.doi.org/10.2139/ssrn.3148726

Zabihollah Rezaee (Contact Author)

University of Memphis - School of Accountancy ( email )

Fogelman College of Business and Economics
Memphis, TN 38152-6460
United States
901-678-4652 (Phone)

Alireza Dorestani

Northeastern Illinois University - College of Business and Management ( email )

5500 N. St. Louis Avenue
Chicago, IL 60625-4699
United States

Sara Aliabadi

Northeastern Illinois University - College of Business and Management ( email )

5500 N. St. Louis Avenue
Chicago, IL 60625-4699
United States

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