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AICPA & CIMA ENGAGE 2021


ENG2109 - ENG2109. Exploring Data Analytics in Today's Audit


Jul 27, 2021 11:15am ‐ Jul 27, 2021 12:30pm

Standard: $49.00

Description

Data analytics can support your organization’s top initiatives and provide relevant insights into risks, profitability, and other critical issues. Unfortunately, many organizations lack a clear strategy for how to incorporate it effectively. New technology and modern techniques can significantly reduce the time required to complete tasks, enabling your personnel to focus their efforts on the projects that enhance client value. During this panel discussion, our experts will help firms make sense of when and where to use different types of data analytics tools in the audit. You’ll gain insight on how combining the right technology and approach can:

  • Reduce redundancy or inefficiencies to enable focus on more value-added tasks
  • Increase consistency through repeatable activities streamlined for process optimization
  • Allow management to make more intelligent decisions faster based on accurate data
  • Deliver measurable value to your organization’s bottom line

Learning Objectives:
  • Recognize the benefits of using data analytics in an audit.
  • Identify different data tools available to auditors.
  • Select the appropriate phases in the engagement to use each data analytical techniques.

Speaker(s):

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