Data analytics allows auditors to glean insights that are beneficial to the client,without breaching independence.

Question

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Data analytics can help auditors identify patterns, anomalies and risks in large amounts of data. This can be used to provide insights to clients without breaching independence. However, auditors still need to maintain objectivity and impartiality in their work, even when using data analytics tools.

Data Analytics Allows Auditors to Glean Insights That Are Beneficial