From the course: Building a Data-Driven Audit

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Reporting and data visualizations

Reporting and data visualizations

From the course: Building a Data-Driven Audit

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Reporting and data visualizations

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- We talked a lot about building a data-driven audit by performing various analyses, but this isn't the only way you can use data to make your audits more effective and useful to your stakeholders. After you've performed your analyses and gathered your evidence, you need to present your findings in a way that makes it super easy for your stakeholders to understand. Your audit reports will include things like presenting financial statement insights, summarizing audit findings, and even communicating process improvement opportunities. One of the best ways to do this is to use data storytelling that uses data and visualizations to show it. When presenting financial statement insights, you can utilize visualizations like bar charts and line graphs to highlight key financial metrics. Bar charts can be used to compare profitability across different business units, while line graphs are a good way to present revenue and expenses over time. When summarizing audit findings, two of the most…

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