Course Description

Synopsis:

This module focuses on the Audit Guidance Statement (AGS) 13, Data Analytics in a Financial Statements Audit by reviewing the key principles of the application of data analytics in the audit of financial statements. It covers the considerations prior to the use of data analytics, preparing data for relevance and reliability, and use of data analytics in risk assessment, performing further audit procedures, and evaluation of results.

It aims to build a strong foundation of data analytical skills in the audit of financial statements through the development of an analytics mindset. 

 

Intended For:

  • Audit Professionals / PAIP 

If your work requires data analysis in auditing, you will find the e-learning contents relevant. 

 

Competency Mapping: 

  • CPE Category 3 = 1.0 CPE Hour 
Instructor Image

Chu Mui Kim

Mui Kim teaches audit and management accounting related modules in SIT and has been incorporating forensic and audit analytics in her modules. She is a recipient of SIT Teaching Excellence award in AY2019/20 and AY2021/22. She is also a certified Adult Education Professional, a national level recognition of Adult Educators for their strength and experience in pedagogical and professional excellence in the Continuing Education and Training (CET) space, awarded by SkillsFuture Singapore (SSG).In addition to academic teaching, Mui Kim has been an effective trainer in financial accounting, audit analytics, auditing standards and lean auditing training for adult learners, audit firms and for some major corporations in Singapore.  She trains and advises, not for mere academic interest, but for the implementation of ideas, concepts and techniques into people’s jobs.Mui Kim has been working closely with the industry, particularly accounting entities, in the areas of process improvement, reduction and elimination of resource-wasting activities, to help businesses to uncover genuine financial improvements. She is particularly passionate about the use of technology to enhance auditing and accounting processes.  She has been involved in industry projects that include digitization of book-keeping and financial statement preparation process and automation of job budgeting and job scheduling systems. She is also engaged as a business consultant in business process review and audit related projects such as independent expert review. 

1 CPE Hour

Lesson(s)

5

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