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Find out what auditors from nine public accounting firms are saying about their experiences in applying data analytics to their financial statement audit engagements and how others can leverage their insights.
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Why and how are Canadian auditors using audit data analytics (ADA)? Has such use been effective? How are client management and audit committees reacting to such use? These are some of the matters explored in a recent initiative undertaken by CPA Canada's ADA Committee.
The initiative involved CPA Canada holding a series of interviews with engagements teams from nine participating public accounting firms ranging in size from very small to very large to discuss use of data analytics on specific audit files.
CPA Canada urges auditors to read this report and use what they learn to move the dial with respect to ADA implementation in their own engagements, at their firm, and in Canada more broadly.
Canada’s accounting and auditing standards boards have a lot going on. Make sure you stay up to date on changes and get involved in standards development through the boards’ webinars and events.
February 10, 2020
Financial sustainability and digital disruption are influencing the future of NFPs. Be equipped to lead through complex change by attending Canada’s premiere event for not-for-profit leaders.
May 25, 2020
Explore new technologies that are revolutionizing accounting and finance. Find out how you can take advantage of best-fit digital solutions and emerging business trends to work smarter, ignite growth and keep innovating.