Guide to Data Analytics for Audits

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 manual, 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 manual is supplemented by seven case studies that show how the concepts discussed in the course can be applied to audits.