Registration Time: 13.15
Sessions Time: 13.30 - 16.45 including a 15-minute break
Speaker: Mr Paul Spiteri 
Venue: Online webinar

Participation Fees (The Institute is now accepting payments via Paypal)
MIA Members: €40.00
Non-MIA Members: €75.00
Retired Members: €20.00
Students: €30.00

Background Information

Optimizing audit quality is a common objective for all auditors, this is where the concept of data analytics becomes a useful tool for external auditors. Data analytics is made up of tools that extract, authenticate and examine large volumes of data. A recent publication by ICAEW stated that data analytics is making radical changes to large external audits and that it is only a matter of time until such tools become available for SMEs. How will auditing standards be affected by this and what does this mean for the future of the audit profession?

Objectives of the session

- To understand what are the driving factors for technological change in audit
- The power of predictive analytics - Determining how auditors can use client data and combine it with industry information
- Understanding the implications of data analytics for management
- Analyzing the opportunities and threats faced by auditors with changes in technology
- To raise levels of awareness of data analytics issues

Topics on the agenda

- Different strategic approaches to data analytics
- The implementation of control systems in management and the resulting effect on governance
- Changes in technology - what does this mean for regulatory authorities?
- What is driving technological change in audit?
- Changes in business models
- The driving forces behind the demand for a forward looking approach in audit
- Other technologies which are changing audit, such as Artificial Intelligence (AI) and Smart Contracts
- What does this mean for the future of auditors and the impact of audit standards?

Target audience

Certified Public Accountants offering corporate services to third parties and individuals who work in a managerial role.

Speaker's Profile

Paul graduated as a qualified accountant from the University of Malta in 2015, and is an Associate of the Malta Institute of Accountants. He is also a Certified Public Accountant and holds a practicing certificate in auditing.
Paul joined Nexia BT in 2011, during his university studies, in which period he started to gain significant experience in auditing various companies in various sectors and has also worked in the consultancy department.
He currently works as a Group Financial Controller with an established firm in the construction industry.
Paul also holds a Diploma in Insurance Accounting and Auditing.

EVENT CPE COMPETENCES

3 Hours Core

TERMS AND CONDITIONS

Terms and conditions apply

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