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The Data Behind Audit Analytics
1. ?
THE DATA BEHIND AUDIT ANALYTICS
We surveyed 1,100 auditors to find out how they are using data analytics technology.
Here is what they said:
w w w . c a s e w a r e a n a l y t i c s . c o m
AUDIT TOOL USAGE
Approximately 50% of auditors are using a
real data analytics tool.
DATA ANALYTICS CHAMPIONS
This is the percent of teams that have a data
analytics champion.
DATA ANALYTICS & FRAUD
Does your team run a dedicated set of
analytics to detect fraud?
DATA ANALYTICS USE
Here are the top areas in which data analytics
are being used.
AUDIT TEAMS & DATA ANALYTICS
Percentage of people within an audit
department focused on data analytics
DATA SOURCES
These are the most popular sources for
gathering data to audit.
PROFICIENCY WITH DATA ANALYTICS
Percentage of auditors who have knowledge of
data analytics within an audit team.
59% 16%13%
54% 46%
89% 11%
50%
40%
30%
20%
10%
Audited
Entity
Third
Parties
Self Service
Access
Standard
Reports
13%
18%
17%
14%
33%
P-card &
Travel Costs
Accounts
Payable
Revenue
General
Ledger
Other
NO
Most staff
are proficient
Some staff are fairly
knowledgeable
We have an
expert
69% <20%
8% 51%-75%
7% >75%
16% 21%-50%
NO YES
YES
*Results based on the response of 955 peopleData sources
%usingsource
10%