Analytics for External Audit
Applying Data Analytics to Your Clients' Critical Business Processes
Data Analytics is sometimes a new discipline for Accountants, necessitating an awareness of how data is stored and flows through a client's organisation and the adoption of new tools and techniques.
Initially, these can appear to be barriers to adopting Data Analytics but once overcome these tools and techniques can be applied to a variety of assurance engagements and enable accountants to manipulate a complete data set, delivering a higher quality of audit evidence with more relevant business insights and added efficiency.
Our essential guide provides best practice guidance for obtaining the right data and how to apply Data Analytics, specifically using CaseWare IDEA, to the following business processes, enhancing the service you offer to your clients, either as part of a consulting service or as part of a standardised Audit.
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