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CPAs Launch Research to Push Data Analytics in Audit

Tammy Whitehouse | December 28, 2015

The role of data analytics in the audit is growing, and the American Institute of Certified Public Accountants is looking to drive it even further.

The AICPA has teamed up with Rutgers Business School to form a data analytics research initiative to demonstrate through research how the use of data analytics can advance the public accounting profession and to facilitate the further integration of data analytics into the audit process.

“We have two shared goals,” said Miklos Vasarhelyi, professor at Rutgers and director of its Accounting Research Center and Continuous Auditing & Reporting Lab, in a statement. “The first is to examine how audit objectives might be achieved more effectively by further integrating data analytics...

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