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Guide to Data Analytics for Audits ON DEMAND

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1.0 Credits

Member Price $58.00

Non-Member Price $67.00

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Overview

Data analytics can be an exceedingly useful tool for investigating entire populations of data, rather than just engaging in audit sampling. An auditor can use data analytics in every phase of an audit, from risk assessments through forming an overall conclusion. In the Guide to Data Analytics for Audits course, we describe the uses to which data analytics can be put, the issues related to data collection, and how analytics can be applied to each phase of an audit. The audit CPE course is supplemented by seven case studies that show how the concepts discussed in the course can be applied to audits.

Highlights

Considerations when selecting a data analytics procedure. Use of visualization techniques. Data access concerns. Conducting a data analytics procedure.

Prerequisites

None.

Designed For

Auditors, CPAs, CEOs, and other accounting professionals.

Objectives

Recognize the principles to be applied to the development of data visualizations. Identify the characteristics of relevant and reliable data. Specify the audit documentation requirements for data analytics procedures. Recognize the process flow for dealing with notable items. Identify the uses to which grouping and filtering activities can be put when engaging in audit data analytics.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $67.00

Member Price $58.00