Introduction to audit data analytics (2.0 hrs)

How audit data analytics (ADA) can be a game changer for our profession. (2 hrs CPE/CPD)

This introductory on-demand course will examine how auditors traditionally use analytic procedures such as means, modes, and variance analysis. Collectively these traditional techniques are referred to as summary statistics. However, audit data analytics are much more than summary statistics. We will define and explore the term "audit data analytics" or ADAs. We will then walk-through ADAs' application, including data visualization techniques using custom programmed software.

The application of the ADAs has the potential to be a transformative change to how auditors perform testing. The change is analogous to Major League Baseball's journey to embracing data analytics to help make decisions captured in the book and film Moneyball. This video aims to help auditors move into a data analytics mindset to unlock the opportunities of integrating ADAs into an audit engagement.

The learning objectives of this course include:

  1. Defining audit data analytics (ADA)
  2. Guiding the profession into the audit data analytic mindset
  3. Applying ADAs, including data visualization, through a customized software walkthrough
  4. Exploring the future of ADAs for the audit profession
  5. Identifying the benefits and challenges of using ADAs

2.0 hrs of verifiable CPD (Certificate will be provided upon course completion)


Additional information

  1. Program pre-requisites: There are no prerequisites for this course
  2. Advance preparation: None
  3. Delivery method: E-learning
  4. CPD/CPE credits: Participants will earn 2.0 professional development credits (hours)

Course Curriculum


  Introduction to audit data analytics (ADA)
Available in days
days after you enroll

Your Instructor


Garth Sheriff
Garth Sheriff

Garth Sheriff is the founder of Sheriff Consulting, a firm specializing in the design and delivery of professional and leadership skill courses for accounting and finance professionals. Garth has worked as an assurance professional and learning provider for over 20 years. He has prepared and trained CPAs for critical changes to the profession. He earned a Master of Accounting and a Bachelor of Arts (Honours - Accounting) from the University of Waterloo. He is a member of the Chartered Professional Accountants of Ontario (CPAO), American Institute of Certified Public Accountants (AICPA) and the Institute of Internal Auditors (IIA). Garth has also acted in various stage and film productions. He is a graduate in improvisation from The Second City and a member of ACTRA (the Alliance of Canadian Cinema, Television and Radio Artists.


Frequently Asked Questions


When does the course start and finish?
The course starts now and never ends! It is a completely self-paced online course - you decide when you start and when you finish.
How long do I have access to the course?
How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 30 days and we will give you a full refund.
Is Provincial (Canada) HST or GST included in the price?
Yes

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