Question: In recent years, Audit Data Analytics (ADA) has gained significant attention in the field of auditing, revolutionizing traditional audit procedures. Explain the concept of ADA

In recent years, Audit Data Analytics (ADA) has gained significant attention in the field of auditing, revolutionizing traditional audit procedures. Explain the concept of ADA and its significance in the audit process. Support your answer with two examples of how ADA can enhance audit effectiveness and efficiency. Additionally, discuss one potential challenge or limitation associated with implementing ADA in practice and suggest a strategy to overcome it

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