Data analytics are likely to play a significant role in future audit activities.

Question

Quizplus · Accepted Answer

Data analytics have already started to play a significant role in auditing, and as technology advances, it is likely to become even more important in identifying patterns, anomalies, and risks in financial data. Data analytics can also lead to more effective and efficient auditing processes, allowing auditors to provide more valuable insights to their clients.

Data Analytics Are Likely to Play a Significant Role in Future