Transcription of Data Analytics and Financial Compliance
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Data Analytics and Financial Compliance
data Analytics and Financial Compliance : How Technology is Changing Audit and Business SystemsJuly 2016 Sponsored byMichael P. Cangemi Author and Business AdvisorWilliam M. SinnettCOO, Research | FERF PA G E / 2 PA G E / 2 Executive Summary 3 SECTION 1 Understanding data Analytics Software Solutions 6 SECTION 2 Use of Analytics by internal auditors 8 SECTION 3 Use of Analytics by External auditors 11 SECTION 4 The Future of Analytics in Audit 15 Appendix: The AICPA s Audit data Standard 16 Professionals Interviewed for This Report 18 Bibliography 19 About the Authors 21 About RR Donnelley Financial Services 22 About Financial Executives Research Foundation 23 TABLE OF CONTENTS PA G E / 3 EXECUTIVE SUMMARYF inancial executives h
PAGE / 2 Executive Summary 3 SECTION 1 Understanding Data Analytics Software Solutions 6 SECTION 2 Use of Analytics by Internal Auditors 8
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