Data analytics is critical to the way firms assess risk, verify financial statements, and uncover fraud. In this 2-hour mini course, you’ll explore how analytics can enhance engagement quality, improve efficiency, and strengthen internal controls. Learn practical applications that will elevate your firm’s approach to audit and assurance.
DESIGNED FOR
Accountants/Auditors with limited experience in data analytics who are interested in how to use audit data analytics on audit and accounting engagements.
BENEFITS
- Improve staff members' knowledge of when and how to use data analytics to improve engagement quality and efficiency.
- Understand how accountants use descriptive, diagnostic, predictive and prescriptive analytics.
- Use the ADA IDEAS© approach to using data analytics on firm engagements.
- Become familiar with commonly used data visualization methods.
- Use accounting data analytics to add value to engagements.
HIGHLIGHTS
- This course introduces how data analytics can be used to improve engagement quality and efficiency. Participants explore the use of data analytics to assess risk, support financial statement assertions, assess internal controls and uncover fraud.
- Apply the ADA IDEAS© approach to using data analytics on engagements to ensure compliance with audit and review standards and to provide value-added services to clients.
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
All of AHI's multi-day courses rely on live participant engagement. For this 2-hr. course, we encourage you to have a working webcam and microphone to take advantage of a live discussion leader and participant interaction.