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Integrating Audit Data Analytics into the Audit Process

Integrating Audit Data Analytics into the Audit Process

Quick Overview
This CPE course introduces the concept of audit data analytics, provides a brief overview of what audit data analytics is, and illustrates how ADA tools can be integrated into the current audit process. The course provides over a dozen examples ranging from procedures performed during risk assessment through forming an overall conclusion. Examples also include procedures for substantive analytical procedures and tests of details. This course is helpful for beginners or for those who are looking for additional training on how to apply content from the new AICPA publication Guide to Audit Data Analytics.

Credits - 7.50
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Price: 189.00
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Author(s)

Kelen F. Camehl, CPA, MBA, Dr. Robert K. Minniti, DBA, CPA, CFE, CFF, MAFF, CGMA, CrFA, CVA, PI

Field(s) of study

Auditing

Level of difficulty

Basic

Topics discussed

Audit data analytics, Application of audit data analytics in an audit, Audit data analytics versus analytical procedures

Objectives

Identify what is audit data analytics (ADA), Recall how audit data analytics fits within the audit process, from risk assessment through forming an opinion, Identify the basic audit procedures that use audit data analytics

Designed for

Auditors performing and reporting on their audit engagements