Data Analytics

Free CPA AUD (Auditing & Attestation) lesson in Performing Further Procedures and Obtaining Evidence. 12 min read, ~1,835 words.

ADA = Audit Data Analytics, automated tools and techniques that process, organize, structure, or present data to generate information used as audit evidence. Four mindsets: descriptive (what happened), diagnostic (why), predictive (what will happen), prescriptive (what to do). ADA can serve as risk assessment, substantive procedure, or test of controls...