Financial statement auditors increasingly need to know more about their clients’ businesses. Thanks to advances in data analytics and software, many auditors are finding ways to gain deeper ...

Data analytics helps people better understand their business and see weaknesses and inefficiencies more clearly. Analytics can also increase revenue through pricing optimization or analyzing margin or ...

Thomson Reuters has partnered with Inflo to expand the data ingestion and analytics capabilities of its Enterprise Cloud Audit Suite. This move is in step with a recent anticipatory push from the ...

The auditing profession was already in the midst of transformation, thanks to technological advances and other factors. Then, the COVID-19 pandemic came along and accelerated those changes, further ...

Wolters Kluwer Tax & Accounting has released a library of free audit data analytics resources geared toward moving auditors away from traditional data sampling to real-time analysis. Real-time ...

There is widespread frustration with the impact of data analytics (DA) in internal audit functions – with 80% of chief audit executives (CAEs) wanting to see improved outcomes, according to Gartner.

ARLINGTON, Va.--(BUSINESS WIRE)--Risks surrounding data and analytics are the primary concerns of chief audit executives (CAEs) for 2019, according to Gartner, Inc. Based on a survey of 144 CAE ...

Ed. Note-Joe Oringel, Principal at Visual Risk IQ recently wrote a series of blog posts on advancing your business through the use of data analytics and audit. I asked Joe if I could repost his ...

Auditing always holds the biggest challenge in it, such as data privacy, Data Governance, Ethics, and Integrity. Earlier data was something that is human-generated and structured by them. Whereas, ...

Discover how UK audit firms are moving beyond sampling to adopt continuous auditing and full-population testing.

In this, the first in a two-part series, we walk through the initial steps businesses need to take to mobilize their data: a data audit and data consolidation. It has been argued that “data is the ...