Course Detail(ADT184 : Adopting Data Analytics in a Financial Statements Audit)

ADT184 : Adopting Data Analytics in a Financial Statements Audit NEW

7.00 CPE Hours (Category 3)
Classroom
In Collaboration with:  

Programme Objective

The objective of this 1-day course is to provide guidance to the participants in adopting data analytics in the audit of financial statements with reference to Audit Guidance Statement, AGS 13.

Upon completion of this course, the participant will be able to:

  • Understand the principles of AGS 13
  • Understand the Data Analytics (DA) process
  • Apply DA in different phases of the audit using commonly available tool(s)
  • Understand how to document the audit work when adopting DA
  • Understand the benefits and challenges in adopting DA and how to overcome some of those challenges

Programme Outline

AM Session

  • Scope of AGS 13
  • Definition
  • Types of data analytics
  • DA in different phases of the audit
  • Considerations prior to the use of DA
  • Preparing data for use
  • 5-step approach in using DA in a financial statements audit
  • Documentation considerations


PM Session

  • Practical examples in the use of DA in:
    • Risk Assessment Process
    • Substantive Analytical Procedures
    • Test of Details
  • Benefits of adopting DA
  • Challenges in adopting DA


Training Methodology 
Full day physical lecture style with hands-on application using case studies.
 


Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Audit professionals & practitioners

Competency Mapping

Category 3 = 7.00 Hours

Schedule & Fees

Date & Time

07 Jan 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Mr Sanjay Gordhan Panjabi

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Mr Sanjay Gordhan Panjabi
Chairman of AASC Data Analytics Sub-Committee
Member of AASC
Deloitte Singapore Audit & Assurance Partner & Audit Innovation Leader
Deloitte Southeast Asia Audit Analytics Leader
 
Sanjay is a Deloitte Singapore Audit & Assurance Partner, serving clients in Singapore and in the Southeast Asia region. He has close to 30 years of experience in public accounting in Singapore and Hong Kong. He leads Audit Analytics for Deloitte in Southeast Asia and Audit Innovation for the Singapore practice, representing Deloitte Singapore on the Global Audit & Assurance Innovation Network. He also chairs the Data Analytics Sub-Committee in ISCA and is a regular speaker at public seminars or events on innovation and analytics in audit.

Programme Objective

The objective of this 1-day course is to provide guidance to the participants in adopting data analytics in the audit of financial statements with reference to Audit Guidance Statement, AGS 13.

Upon completion of this course, the participant will be able to:

  • Understand the principles of AGS 13
  • Understand the Data Analytics (DA) process
  • Apply DA in different phases of the audit using commonly available tool(s)
  • Understand how to document the audit work when adopting DA
  • Understand the benefits and challenges in adopting DA and how to overcome some of those challenges

Programme Outline

AM Session

  • Scope of AGS 13
  • Definition
  • Types of data analytics
  • DA in different phases of the audit
  • Considerations prior to the use of DA
  • Preparing data for use
  • 5-step approach in using DA in a financial statements audit
  • Documentation considerations


PM Session

  • Practical examples in the use of DA in:
    • Risk Assessment Process
    • Substantive Analytical Procedures
    • Test of Details
  • Benefits of adopting DA
  • Challenges in adopting DA


Training Methodology 
Full day physical lecture style with hands-on application using case studies.
 


Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Audit professionals & practitioners

Competency Mapping

Category 3 = 7.00 Hours

Programme Facilitator(s)

Mr Sanjay Gordhan Panjabi
Chairman of AASC Data Analytics Sub-Committee
Member of AASC
Deloitte Singapore Audit & Assurance Partner & Audit Innovation Leader
Deloitte Southeast Asia Audit Analytics Leader
 
Sanjay is a Deloitte Singapore Audit & Assurance Partner, serving clients in Singapore and in the Southeast Asia region. He has close to 30 years of experience in public accounting in Singapore and Hong Kong. He leads Audit Analytics for Deloitte in Southeast Asia and Audit Innovation for the Singapore practice, representing Deloitte Singapore on the Global Audit & Assurance Innovation Network. He also chairs the Data Analytics Sub-Committee in ISCA and is a regular speaker at public seminars or events on innovation and analytics in audit.

Upcoming Schedule

Date & Time

07 Jan 2022 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Mr Sanjay Gordhan Panjabi

Venue

60 Cecil Street
ISCA House
Singapore 049709