All Data Analytics articles – Page 2

  • Blog

    IIA guidance digs into big data risks, opportunities


    Big data represents both a growing risk and a growing resource for internal auditors, prompting the IIA to offer new guidance to address it and leverage it.

  • Article

    Internal auditors show signs of taking up data analytics


    Internal audit shops are buzzing over data analytics, with more audit leaders planning to adopt or expand their use across the scope of their audit work.

  • Article

    SEC oversight in the Digital Age


    Big Data is the compliance buzzword of the day, but at the SEC, high technology is both a challenge and an opportunity. Jaclyn Jaeger has more.

  • Blog

    CFOs, controllers struggle with pace of change, poll says


    CFOs and controllers are struggling to keep up with the pace of change in financial reporting, having a significant impact on effectiveness, according to a global EY survey. Tammy Whitehouse has the results.

  • Blog

    A plea for smart data from the SEC's investor advocate


    Citing XBRL advancements and Legal Entity Identifiers, SEC Investor Advocate Rick Fleming is making the case of expanding "smart data" tools to shareholders and issuers alike.

  • Blog

    Kara Stein: A vision for data at the SEC


    SEC Commissioner Kara Stein has renewed calls to create an Office of Data Strategy that would be tasked with coordinating the creation of a data strategy addressing how the SEC collects, manages, uses, and provides data. Jaclyn Jaeger reports.

  • Blog

    FERF report spotlights audit possibilities via technology


    For companies still struggling to get their arms around financial compliance, especially with respect to internal control over financial reporting, technology may provide the answer, according to the Financial Executives Research Foundation. Tammy Whitehouse reports.

  • Blog

    Fraudsters have tech edge over companies, KPMG study shows


    A study from KPMG that looks at fraudster’s typical profile says perpetrators are gaining an edge over corporate anti-fraud controls by making better use of technology than the companies they route. The report says weak controls were a factor in 61 percent of frauds through 2016. More study details from ...

  • Blog

    CPAs Launch Research to Push Data Analytics in Audit


    Image: The AICPA and Rutgers Business School haved formed a data analytics research initiative to demonstrate how the use of data analytics can advance the public accounting profession. According to Rutgers professor Miklos Vasarhelyi, the initiative’s two shared goals are “to examine how audit objectives might be achieved more effectively ...

  • Blog

    SEC: First-of-Their-Kind Actions Take the Spotlight in 2015


    The Securities and Exchange Commission continued to build a strong record of first-of-their-kind cases that spanned the spectrum of the securities industry, according to the agency’s fiscal year 2015 enforcement report. The SEC filed 807 enforcement actions, obtaining approximately $4.2 billion in disgorgement and penalties—an increase from the 755 enforcement ...

  • Blog

    AICPA Moves Closer to Audit Data Standards


    Image: The AICPA has finalized two audit data standards for sub-ledgers, focused on order to cash and procure to pay. Companies that voluntarily adopt such standards, which provide a framework covering data fields and files commonly requested by auditors, could find the work to fulfill auditors’ file requests trimmed from ...