In this episode, we discuss why it is important to focus on our audit objective when using data analysis in our audit.We explore:<ol><li>Why a focus on the objective helps us measure success</li><li>Why we should avoid rules based analysis</li><li>How a focus on the objective helps us stay true to our audit mandate</li><li>Cost benefit analysis when we find things that are not related to the audit</li><li>Why a focus on the objective helps us in reporting on data quality or missing data</li></ol>This is explored in more depth in our book, here: <a href='https://riskinsights.com.au/the-data-confident-internal-auditor'>https://riskinsights.com.au/the-data-confident-internal-auditor</a> About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by <a href='https://www.linkedin.com/in/conorfmcgarrity'>Conor McGarrity</a> and <a href='https://www.linkedin.com/in/yusufmoolla/'>Yusuf Moolla</a>. Produced by <a href='https://www.riskinsights.com.au/'>Risk Insights</a> (riskinsights.com.au).

Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data

36. Why the audit objective should drive our use of data

The podcast for performance auditors and internal auditors that use (or want to use) data. Produced by Risk Insights. 