Question: AI Case Using Data Analytics and Visualization in Accounting and Auditing at Toby Biotech Inc. The purpose of this case study on Toby Biotech Inc.

AI Case Using Data Analytics and Visualization in Accounting and Auditing at Toby Biotech Inc. The purpose of this case study on Toby Biotech Inc. (Toby), a fictitious publicly-held company with offices worldwide, is to allow accounting students the opportunity to apply a data analytics and visualization software tool to an audit of financial statements. In this particular situation, students are asked to focus on certain financial statement accounts for Tobyaccount receivables (AR), the contra accounts allowance for credit losses (ACL) and reserve for returns and allowances (RRA)and revenue recognition, using the Tableau software to help identify anomalies, to pinpoint risks of material misstatement, to ask client's questions and to develop responsive audit procedures. what is the case's summary

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!