Paper Assignment
Topic: benefits of leveraging data analytics for internal audits
Thesis: There are three benefits of leveraging data analytics for internal audits and the benefits are creating value, reducing risk and improving the efficiency.
- Create value
1. Turn the opinions into the advantages of competition
2. Improve the return of investment(net profit/cost of investment)
- Reduce risk
1. Fewer mistakes and fewer wrong results
2. Response to manage the mistakes and risk of investment immediately
- Improve the efficiency
1. Reduce the cost of the unnecessary investment
2. Easy to see which part is earn money and which part is lost money
Reference:
1. Current issues in auditing. 2007. Sarasota, FL: American Accounting Association.
2. Institute of Internal Auditors. 1944. The Internal auditor: journal of the Institute of Internal Auditors. [New York, N.Y.]: [Institute of Internal Auditors].
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.