DESCRIPTION
In this module, using classroom discussions and small group exercises, participants will explore how automated tools and techniques can have a positive impact on the efficiency and effectiveness of their audit engagements. Covering types of databases and the value of structured data, this module is intended to help participants make full use of the vast amounts of data available to them throughout the audit process.
LEARNING OBJECTIVES
• Define Audit Data Analytics (“ADA”) and how ADAs are used in the Audit process
• Describe the different databases used during an Audit engagement
• Create a plan to incorporate the use of ADA on your own client engagements