Question

A typical question the auditor would ask before using audit data analytics (ADA) is?

1) Does management consent to its use?
2) Can the client afford it?
3) Will the client's internal audit function be able to review the results?
4) Is the data obtained from the client complete?

Answer 1

Before using audit data analytics (ADA), auditors typically ask if the data obtained from the client is complete. Other questions regarding the source of information and supporting evidence are also considered.

Step-by-step explanation:

Before using audit data analytics (ADA), auditors typically ask the question: Is the data obtained from the client complete? This is important because if the data is incomplete, the results of the analysis may be inaccurate or misleading. Auditors need to ensure they have all the necessary information before conducting any analysis.

Additionally, auditors may also consider other questions such as: Where does the information come from? and What evidence is used to support the information? These questions help auditors assess the reliability and verifiability of the data.

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