Integrating data analytics into your audit plan for a more efficient audit

CaseWareAnalytics, Auditing, Auditing Standards, Automation, CaseWare News, Fraud

Analytics in an audit

(Author: David Stansell, Customer Service Manager & CaseWare Cloud Analytics specialist) Is Better Planning the Key to an Efficient Audit? The work of an auditor today has transformed into something significantly different when compared to the auditor of 10 to 15 years ago. The levels of complexity present in the industry with compliance requirements, coupled with the ever-increasing time pressure … Read More

Top 3 Considerations of a Data Analytics Solution for Better Client Audit Engagements

CaseWareAnalytics, Auditing, Automation, Fraud

Author: Andreas Ong, Technical Manager: Cloud & Data Analytics, CaseWare Australia & New Zealand We agree with Derek Parker who stated “The accounting profession is well-placed to take advantage of the emerging data analytics revolution but it will require a redesign for many firms, as well as a major change of mindset.” Craig Waldon CaseWare Australia & New Zealand CEO … Read More

Detecting Fraud with Analytics: Rounded Numbers

CaseWareAnalytics, Auditing, Cloud Computing, Fraud

Rounded number checks when auditing

Author: Andreas Ong, Technical Manager: Cloud & Data Analytics, CaseWare Australia & New Zealand Mark J Nigrini, Ph.D. wrote a very good article published in the Journal of Accountancy and titled “Round Numbers: A fingerprint of fraud”. It is about how auditors can benefit from understanding when the overuse of certain numerals might be a red flag for malfeasance. When … Read More