Data Analysis: The Cornerstone of Effective
Clients, customers and investors alike have little tolerance when controls fail to reveal erroneous data used in operational decisions and financial reporting.
Audit results gleaned from competent data analysis activities by internal audit can shine a light on the issues lying within the organization's data. When properly used by trained staff, data analysis software can be incorporated into audit plans to provide assurance and consulting services related to the organization's information systems and thus becomes the true cornerstone of an effective audit foundation.
Does your audit organization embrace the use of data analysis as the cornerstone of effective internal auditing? Read our white paper
to learn more about how data analysis can help you complete more effective audits.
Premium AuditNet® Content Now Available For Supported IDEA Users
We are pleased to announce that we are now providing supported IDEA users with access to AuditNet® LLC premium content. With more than 200,000 registered users, AuditNet® is the pre-eminent online portal for the global audit community hosting a comprehensive catalogue of audit procedures.
The premium content is now available via the IDEA Support Site and includes resources such as:
- AuditNet® tutorials, audit templates, standard policies and procedures, control assessments, user forums, etc.
- Access to over 2,500 audit work programs and over 1,200 online audit resources of Big 4 and user-populated content
- Audit programs with data analytic steps, which allow auditors to better understand analytics that can be embedded into their audit programs and risk-based assessments on an everyday basis
Ready to access the content? Follow these steps: