How audit data analytics can be a game changer for our profession
This introductory on-demand course will examine how auditors traditionally use analytic procedures such as means, modes, and variance analysis. Collectively these traditional techniques are referred to as summary statistics. However, audit data analytics are much more than summary statistics. We will define and explore the term "audit data analytics" or ADAs. We will then walk-through ADAs' application, including data visualization techniques using a custom programmed software.
The application of the ADAs has the potential to be a transformative change to how auditors perform testing. The change is analogous to Major League Baseball's journey to embracing data analytics to help make decisions captured in the book and film Moneyball. This video aims to help auditors move into a data analytics mindset to unlock the opportunities of integrating ADAs into an audit engagement.
Founder of Sheriff Consulting
I am the founder of Sheriff Consulting which specializes in the development and delivery of accounting, auditing and foundational skill courses and workshops. Teaching and working with professionals in diverse and dynamic learning environments has been my passion and experience for over 10 years. As a qualified Canadian Chartered Professional Accountant (CPA, CA) and U.S. Certified Public Accountant (CPA), I work with finance and accounting professionals in both the U.S. and Canada to meet their training and development needs. My goal has always been to create an engaging and interactive learning environment. To help my own path of continual improvement in achieving this goal, I have also received training and worked as a professional actor. I am a member of ACTRA (the Alliance of Canadian Cinema, Television and Radio Artists) and a graduate in improvisation from the Second City Training Centre. http://sheriffconsulting.com/
