Assists the audit team in performing substantive analytical procedures by applying predictive analytics, using regression analysis.

Tech leveraged Analytics
Use case(s) Relationship statistical analysis tool
Benefit(s) • Enables audit team to test account balances and classes of transactions that would otherwise be difficult or cumbersome to test without statistical methods, by using regression analysis
• Allows audit team to recognise trends and draw insights about unusual fluctuations in account balances and/or classes of transactions that may be linked to potential mis-statements or control deficiencies

Reveal screenshot

Point of contact(s)
Mak, Wai Kit
Tag(s) Regression, Analytics, Statistic, Reveal
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