Continuous Auditing and Testing the Full Population Instead of Samples
Testing every transaction rather than a sample, and following them through the year rather than at its end.
Course contents
- 1What continuous auditing is
- 2Automated test rules
- 3Testing every transaction
- 4Alerts and exceptions
- 5Following up resolution
- 6Building a continuous monitoring program with AI that runs test rules on every transaction and logs exceptions
- 7Adding an audit trail of edits and deletions to an AI-built accounting or point-of-sale program
What you gain from the course
You can design automated tests that check every transaction throughout the year.
Other courses in the same track
Audit, tax and risk
AI in Auditing
Using AI tools in audit planning, data testing and documenting the work.
Detecting Financial Fraud through Data Analysis
Fraud indicators in financial data, and the analysis methods that reveal unusual transactions.
AI in Tax Work and Returns
Using AI tools to prepare and check return data, while verifying the latest rules.
Risk Management and Compliance with Smart Tools
Monitoring financial risks and tracking compliance with policies and regulations using automated tools.