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Description of  Audit Analytics: Data Science for the Accounting Profession (Use R!) Ed 2

3031474635 pdf This book, using R and RStudio, demonstrates how to render an audit opinion that is legally and statistically defensible analyze, extract, and manipulate accounting data build a risk assessment matrix to inform the conduct of a cost-effective audit program and more. Today, information technology plays a pivotal role in financial control and audit: most financial data is now digitally recorded and dispersed among servers, clouds and networks over which the audited firm has no control. Additionally, a firms dataparticularly in the case of finance, software, insurance and biotech firmscomprises most of the audited value of the firm. Financial audits are critical mechanisms for ensuring the integrity of information systems and the reporting of organizational finances. They help avoid the abuses that led to passage of legislation such as the Foreign Corrupt Practices Act (1977), and the Sarbanes-Oxley Act (2002). Read more