Published: 19 June 2023
Data analytics has become a core component of audit work. Chief audit executives (CAEs) should use this research to benchmark and select data analytics software solutions and determine resourcing.
Data analytics use continues to grow, and 90% of audit departments use it for engagement fieldwork, yet overall implementation levels in the audit workflow remain fairly low.Advanced analytics techniques are most commonly used for continuous monitoring/auditing, used by 50% and 48% of departments, respectively.
Microsoft Power BI, Tableau, Alteryx and Diligent (formerly ACL) are the most commonly used data analytics software tools in audit departments; they are used by 57%, 36%, 22% and 21% of departments, respectively.
Auditor power users are the most common audit data analytics roles, with 39% of audit departments having them. But, audit departments are most
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Audit Research Team
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