The application of text mining in accounting
Elseline Senave, Mieke Jans, Rajendra P. Srivastava
Abstract
By facilitating the derivation of knowledge and qualitative measures from textual data, text mining techniques have come into vogue in various domains and industries. Namely in accounting, text mining outputs can elucidate, complement, and validate the customary quantitative data. This study creates an up-to-date view of text mining applications in accounting practice. Through a critical review of text mining literature, insight is given into the stages of a typical text mining process, contemporary text mining techniques that have been named valuable in an accounting context, and the information that can be obtained by applying these techniques.
Topics & Concepts
Computer scienceContext (archaeology)Process (computing)Complement (music)Concept miningData scienceAccounting information systemText miningKnowledge extractionProcess miningData miningInformation retrievalAccountingWeb miningWork in processWorld Wide WebEngineeringBusinessGeographyChemistryOperating systemBiochemistryComplementationArchaeologyWeb servicePhenotypeBusiness process modelingOperations managementBusiness processGeneAdvanced Text Analysis TechniquesAuditing, Earnings Management, GovernanceText and Document Classification Technologies