Please read this link:

https://www2.deloitte.com/content/dam/Deloitte/us/Documents/finance/us-cfo-why-a-picture-can-be-worth-a-thousand-clicks.pdf

Follow the questions below:

1. When do you believe data analytics will add value to the audit process? How can it help most?
2. Do you think innovation in data analytics is having a greater impact in internal audit or external audit?
3. Implementing continuous auditing procedures is similar to automating an audit plan with the additional step of scheduling the automated procedures to match the timing and frequency of the data being evaluated and the notification to the auditor when exceptions occur. In your opinion, will the traditional audit be replaced by continuous auditing?
4. Lastly, consider the fact that new graduates entering the accounting field, like yourself, have coursework on how to utilize data analytics in the field of accounting. Many existing accountants working in public accounting or industry accounting do not have the benefit of taking a course like this one, Accounting and Data Analytics. How should firms and companies leverage data analytics given the demographic of its workforces.