Inflo - A NEW AUDIT METHODOLOGY FOR THE DIGITAL ERA: Response to Risk
The Digital Audit methodology provides a clear structure to the response to risk, aligning audit work to the risk being addressed. The methodology not only recommends an appropriate audit plan and responses, promoting more effective and valuable auditing techniques, but also
supports the auditor through consistent structure and guidance on how the audit work should be
performed.
Read our free guide for a deeper dive in to Response to Risk.
Download Free Guide
This 8 page guide includes:
- Responsive Design
- Substantive Audit Data Analytics (SADAs)
- Substantive Tests of Detail
- Workprograms library
- InfloHi recommendations
- Financial statements structure and assertions
- Response to risk view
- Embedded logic
- Risk response summaries
Everything you need to know...
Inflo’s Digital Audit methodology transforms the audit process. It takes a truly data-driven approach, while harnessing the power of digital workflow to achieve a more efficient and higher quality audit - yielding a vastly improved staff and client experience. The Digital Audit methodology has many differentiators from traditional audit methodologies.
In this series we outline some of the unique functionality utilized within the methodology and how it supports auditors. This article covers the planning activities within the methodology.
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Absolutely Free.
Inflo aims to help accountants grow their value through technology and also by sharing some free knowledge that we hope you’ll find useful.
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