In July 2018, the ECA, the University of Pisa and the Association of Chartered Certified Accountants (ACCA) jointly organised the first annual Summer School in public auditing in Pisa. The aim of the School is to examine emerging global issues that are particularly relevant now and for the future of the profession. The 2018 edition, structured as a learning path in six modules, offered the participants a highly intensive immersion in data analytics, which is a powerful driver of change in audit. Renowned academics and practitioners covered the main aspects of data analytics for auditing and provided the participants with original insights into current trends in data-driven audit.
Data analytics demands a rich mix of knowledge, methods and technologies, all of which are necessary for processing large volumes of complex and heterogeneous data for audit. To cover the main aspects of such a labyrinthine topic, the course content was organised in six modules as follows:
Module 1 – Extracting value from data
Module 2 – Data analytics for auditing
Module 3 – Statistical methods and techniques for data analysis
Module 4 – Data-driven audit – case studies & field experiences
Module 5 – IT methods and techniques for data analysis
Module 6 – Data mining and analytics – implications for the audit profession