Question 13

When we adopt a Data analytics driven audit approach, which of the following is correct?

A. We must perform the substantive procedures through the hxPSPs, instead of the primary substantive procedures (PSPs) or executable PSPs (ePSPs), for all significant accounts.

B. We utilize automated techniques with our Helix tools, including General Ledger Analyzer and/or other specific subledger analyzer(s)

C. Our audit methodology is completely different from conducting a traditional audit without using data.

D. We need to obtain a complete set of the entity's data first, including the general ledger and subledgers for all accounts.