ENG23SS203. Demystifying Data-Driven Audits: A Pragmatic Approach - presented by Wolters Kluwer (NAA, PRA, TCH)

Data-driven approaches to audit and assurance are a hot topic, but what does that mean for everyday work and technology usage? In this session, we will discuss the importance of an efficient audit and how a data-driven approach, including data ingestion, data analytics, and data visualization, can lead to success. We will also explore why firms need to remain in control and not rely solely on technology, and why a pragmatic and flexible approach to methodology and tool usage is critical in demonstrating the distinct value that your firm can provide to clients.

Learning Objectives:

• Learn how to define a data-driven audit and how technology assists in achieving efficiencies.
• Understand why firm flexibility is key to creating distinctive value to your clients.
• Explore considerations when adopting tools to assist in creating efficiencies in the execution of work.