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