How does the use of new technologies such as big data impact auditing?

The correct answer is A. It presents new challenges, for example, combining structured and unstructured data. The use of new technologies such as big data presents new challenges in auditing, particularly the issue of combining structured and unstructured data. Big data environments often include diverse data sets that auditors need to understand and interpret, which requires new skills

Fundamental Audit Concepts and Principles

Question

Options

AIt presents new challenges, for example, combining structured and unstructured data
BIt enhances the audit quality by enabling auditors to collect higher quality audit evidence
CIt causes significant disruptions, for example, introducing data that is too large or complex for

How the community answered

(43 responses)

A
81% (35)
B
12% (5)
C
7% (3)

Explanation

The use of new technologies such as big data presents new challenges in auditing, particularly the issue of combining structured and unstructured data. Big data environments often include diverse data sets that auditors need to understand and interpret, which requires new skills and approaches to ensure effective and comprehensive audit coverage.

Topics

#big data#emerging technologies#audit challenges#data analysis

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