DESCRIPTION
This module covers foundational data analytics concepts including data reliability and types of analyses to assist auditors in incorporating data analytics into their own client engagements. Using a hands-on case study, participants have the opportunity to see the value in using data analytics during the planning and risk assessment phases of the audit.
LEARNING OBJECTIVES
• List considerations for what makes data useful, including formatting and source considerations
• Create a plan for incorporating data analytics into planning and risk assessment on your own client engagements