Data from outside sources are often central to audit reports. While these data are simply another type of evidence to rely on, assessing them may require more technical effort than other types. This course is based on the United States Government Accountability Office publication GAO-20-283G (Assessing Data Reliability) which addresses a risk-based framework for data reliability assessments that can be geared to the specific circumstances of each audit engagement.
Course Publication Date:
August 07, 2024
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or can be purchased for
$20.00!
| Author: | Frank Castillo CPA |
| Course No: | GAUD-COMPDATA-10014 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Overview |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Auditing (Governmental)
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Learning Objectives
- Identify the different types of data auditors should consider when performing a reliability assessment.
- Recall the order of steps auditors should take in the “Assessment of Data Reliability Process”.
- Recall the importance and timing of staff interviews relating to data systems.
- Identify which determinations auditors should make based on the reliability of data assessed.
- Differentiate between “record-level” and “summary-level” data.