Webclass 60: Driving smarter audits using analytics

Q1. What does Anjana say are some famous audit analytics tests?

Q2. When does Anjana feel that the breakthrough of Continuous Audit happened?

Q3. Does Anjana think that data analytics helps to make audit work faster?

Q4. Does Anjana think that the demand for real-time assurance is pushing for internal audit to use data analytics?

Q5. Does Anjana think that data analytics helps to maximise efficiency and optimise costs?

Q6. What are the 6 “I”s of data analytics for audit?

Q7. To get into data analytics for audit, is it important to upskill the entire team?

Q8. Should data analytics be involved in the entire audit process or only in the fieldwork?

Q9. How can data analytics help the Planning phase of the audit process?

Q10. What was the least popular choice on the poll question “Who handles data analysis in your team?”

Q11. What was Anjana’s take-away message?