New Staff: Practical Application: Fundamentals of Using Data Analytics in an Audit

Overview

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle.

Prepare yourself for future success in the accounting profession by learning about audit data analytics.

Learn how firm audit methodologies are being enhanced to incorporate data analytics in order to improve audit quality.

Gain knowledge about the concept of audit data analytics, with high-level guidance about how audit data analytics can be applied during the audit.

Highlights

Key Topics

• Audit data analytics
• Six key steps to an audit data analytic
• Potential deployment possibilities
• Importance of professional skepticism and judgment in using audit data analytics

Prerequisites

None

Designed For

Who Will Benefit

• Recently onboarded staff
• First-year staff
• Firms that want consistent training and level setting

Objectives

Learning Outcomes

• Recognize the general concept of audit data analytics.
• Recognize current trends in analytics and related emerging technologies and their impact on accounting profession.
• Recognize the importance of professional judgment, professional skepticism, and developing an analytics mindset when conducting audit data analytics.
• Identify the key steps in conducting audit data analytics and their application