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How does each item discussed improve the effectiveness

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Question

Read the assigned articles to gain an understanding about how Big Data, data analytics, and new technologies are transforming external audits. After reading these articles, provide a response to the following two questions:

a. Discuss at least three specific ways in which Big Data, data analytics, and new technologies can enhance external audits. How does each item discussed improve the effectiveness and/or efficiency of the audit?

b. On the other hand, what challenges do auditors face when using Big Data, data analytics, and new technologies during an audit?

Reference no: EM132367117

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