Our Becoming a Data-Driven Audit Practice course provides the information needed to better leverage audit data analytics (ADAs) in the design and execution of financial statement audits. Designed for auditors at all levels, this program opens with broadly applicable topics such as data availability and reliability before moving into four topics covering audit data analytics in risk assessment and risk response. During each training section, participants will identify opportunities to incorporate data analytics into their client engagements, interact with practical examples, and develop a data-driven audit mindset. This program is designed to allow the use of various data analytics software tools and can be customized to feature specific software tools used by your firm.

Through small group follow-up discussions scheduled virtually or in person, intact engagement teams will select a specific audit engagement to dive into more deeply. In light of the information covered during Part 1, our facilitator(s) will lead a brainstorming session for each selected audit engagement, allowing engagement team members at all levels to identify further specific opportunities to incorporate data analytics across both the risk assessment and risk response phases of the audit engagement. Engagement teams will leave these discussions with fresh ideas for utilizing data analytics on their engagement and additional experience shifting toward the data-driven audit mindset.