Are you looking for guidance and best practices on Audit Data Analytics (ADAs)?
CPA Canada’s Audit Data Analytics Committee has undertaken an initiative to obtain and communicate insights from external auditors who have started to use Audit Data Analytics (ADAs). Auditors who have not yet started to use ADAs may benefit from, and be encouraged by, the experiences of those auditors who have already taken this important first step.
You will want to download a copy of the full report from the CPA Canada website to find answers to your burning questions on ADA, including:
- What types of ADAs are being used and why?
- What challenges were encountered?
- What does the future hold?
- On that note, are auditing standards changing?
- How will auditors keep up with education?