Verified Analytics: Towards 100% Testing?
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This webinar introduces Circit's Verified Analytics product and makes the case for moving towards 100% transaction testing. It frames the discussion around the revised ISA 240 and ISA 315 standards, which emphasise broader sample testing to more rigorously assess the risk of fraud and misstatement, and explores how analytics platforms can help audit firms navigate this regulatory shift.
You will learn:
- The optimal sample makeup for audit and why 100% testing is becoming increasingly relevant
- How the ISA 240 and ISA 315 revisions create an opportunity to adopt analytics-driven testing
- How Verified Analytics works and how it can be embedded into existing audit methodologies