Input on the Growing Use of Data Analytics in the Audit

When Feb 15, 2017
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The International Auditing and Assurance Standards Board (IAASB) released a Request for Input, "Exploring the Growing Use of Technology in the Audit, with a Focus on Data Analytics." The IAASB’s Data Analytics Working Group is furthering its work to understand how the use of technology, and more specifically data analytics, is able to enhance audit quality. Supplementing this publication is a call for nominations for a newly formed Project Advisory Panel to further advise the IAASB and the Data Analytics Working Group (DAWG) on developments relevant to standard setting.

The Working Group is seeking input from investors, preparers, those in governance roles, standard setters, practitioners, internal auditors, regulators, academics, and other stakeholders in the external reporting supply chain. The input will assist the IAASB in effectively responding to these developments in the public interest, including determining whether new or revised international standards or guidance may be necessary.

Comments to the Request for Input are requested by February 15, 2017.

Review the press release and the Request for Input on the IAASB's website.

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