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Using the GiPlot Online Interactive Tool to Explore Business and Financial Data in the Context of the Ex Post Component of the Audit

Author

Listed:
  • Dinu AIRINEI

    (“Alexandru Ioan Cuza” University of Ia?i, Romania)

  • Daniel HOMOCIANU

    (“Alexandru Ioan Cuza” University of Ia?i, Romania)

Abstract

In the context of dealing with an increasing volume of business, financial and audit data, this paper presents some advantages of using an interactive cloud computing-based tool, namely GiPlot, developed using Google technology, available for free use and originally meant for representing and visually exploring general purpose data. The tool itself is a sort of visual interactive simulation (VIS) application which belongs to the broader category of prescriptive Business Intelligence. It relies on online environments and data sources (e.g. Google Drive, Google Sheets) and also on the idea of collaboration, transparency and support for replication of results. The usage scenarios presented in the paper include time series and correlation diagrams, in the context of the overall objective of the paper, namely to justify the possibilities of using the GiPlot tool for economic and financial data, especially when the ex post component of the audit is concerned.

Suggested Citation

  • Dinu AIRINEI & Daniel HOMOCIANU, 2019. "Using the GiPlot Online Interactive Tool to Explore Business and Financial Data in the Context of the Ex Post Component of the Audit," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 17(156), pages 628-628.
    • Handle: RePEc:aud:audfin:v:17:y:2019:i:156:p:628
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    References listed on IDEAS

    as
    1. Bertoneche, Marc L., 1979. "Spectral analysis of stock market prices," Journal of Banking & Finance, Elsevier, vol. 3(2), pages 201-208, July.
    2. Daniel HOMOCIANU & Dinu AIRINEI & Ciprian Ionel TURTUREAN, 2018. "An interdisciplinary analysis with data mining and visualization tools applied on multiple and multi-source time series - The case of the forest fund in Romania," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 16(151), pages 382-382.
    3. Leonardo BADEA, 2012. "Impact of the Financial Crisis on the Romanian Capital Market in the European Context," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(568)), pages 27-40, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    ex post audit; exploring business and financial data; GiPlot; usage scenarios; advantages;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • Y10 - Miscellaneous Categories - - Data: Tables and Charts - - - Data: Tables and Charts

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