The AICPA will use the findings from this initiative to inform guidance on audit data analytics for CPA firms of all sizes. A joint AICPA Assurance Services Executive Committee/Auditing Standards ...

While journal-entry testing is a good foundational use case, analytics and visualization have the potential to evolve the audit in so many ways. For example, Deloitte has an advanced analytics ...

PricewaterhouseCoopers has been working on ways to soup up its audit practice by leveraging data analytics technology. “We’d like to think that we have been transforming the way we audit for decades, ...

Yesterday we started a multi-part post on the importance of building audit data analytics capabilities, together with some “how-to” tips. Our first tip was how this is actually as much of a ...

Data analytics in internal audit will become even more efficient going forward as the underlying technologies improve. New technologies will help overcome current challenges such as data ...

Audit Data Analytics (ADAs) ... For example, banks and credit card companies analyze cash withdrawals and spending patterns to prevent fraud and identity theft by relying on data analytics.

The proposal deals with some of the newer technologies and issues that have arisen since the older standard was issued. That includes the use of information as audit evidence when emerging ...

Additionally, on Tuesday, June 7, Knuff will be presenting a session – “Rewriting the Book on Audit” – during which attendees will learn how audit work is trending toward data-driven ...

Many internal audit departments, however, are just getting on board with this trend. Smart Business spoke with Kirstie Tiernan, data analytics managing director for BDO, Chicago at BDO USA, LLP, about ...