This CPE course introduces the concept of audit data analytics (ADA), provides a brief overview of it, and illustrates how ADA tools can be integrated into the current audit process. The course provides over a dozen examples ranging from procedures performed during risk assessment through forming an overall conclusion. Examples also include procedures for substantive analytical procedures and tests of details.

Learning Outcomes

  • Identify what is audit data analytics
  • Recall how audit data analytics fits within the audit process, from risk assessment through forming an opinion
  • Identify the basic audit procedures that use audit data analytics
These outcomes are achieved through the discussion of following topics:
  • Audit data analytics
  • Application of audit data analytics in an audit
  • Audit data analytics versus analytical procedures
Level: Basic

Who Should Attend

  • Auditors performing and reporting on their audit engagements