by: Norbert Tschakert, CPA/CFF/CITP, Ph.D.; Julia Kokina, CPA, Ph.D.; Stephen Kozlowski, CPA, CGMA, Ph.D.; and Miklos Vasarhelyi, Ph.D.
As technology continues to evolve, it promotes changes to business models and surprises those who are unprepared. Businesses change their strategies and the way they operate. New threats and opportunities arise. In an increasingly data-driven world, CPAs need to be able to adapt to these technological disruptions.
CPAs now often find themselves performing tasks that require skills in data analytics:
Both internal and external auditors are using data analytics to enable practices such as continuous monitoring, continuous auditing, and analysis of full data sets in situations where only samples were audited.
Financial planning and analysis professionals analyze data in hopes of discovering the best course of action for their companies.
CFOs and finance leaders use Big Data to find patterns in customer behavior and market trends to drive company strategy.
Jun 07 IDEA Smart Analyzer Financial Simplifies Tests as Recommended in Center for Audit Quality Practice Aid for Testing Journal Entries
The Center for Audi...
Nov 12 In support of Fraud Awareness Week, Audimation would like to share the most common frauds, and discuss how the fraudsters are changing the way we audit. Acc...
Apr 20 Enforcing anti-corruption policies among employees and third parties is one of the foremost concerns for compliance departments, but developing a robust process...
BROWSER NOT SUPPORTED
This website has been designed for modern browsers. Please update. Update my browser now
