Formally respond to the following questions: Data analytics enables auditors to audit all transactions, rather...
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Accounting
Formally respond to the following questions:
Data analytics enables auditors to audit all transactions, rather than just a sample of transactions.
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Do you think that as the use of data analytics increases on audit engagements, the need for sampling will decrease?
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What role might the PCAOB or AICPA play in helping auditors determine when and how to incorporate data analytics into the audit?
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