you need to according to my outline to write the paper. and the idea is about benefits for the data analytics in auditingTerm Paper, First VersionDue: February 26, 2019The report should not exceed six

Topic: benefits of leveraging data analytics for internal audits

Thesis: There are three benefits of leveraging data analytics for internal audits and the benefits are creating value, reducing risk and improving the efficiency.

• Create value

1. Turn the opinions into the advantages of competition

2. Improve the return of investment(net profit/cost of investment)

• Reduce risk

1. Fewer mistakes and fewer wrong results

2. Response to manage the mistakes and risk of investment immediately

• Improve the efficiency

1. Reduce the cost of the unnecessary investment

2. Easy to see which part is earn money and which part is lost money

Reference:

1. Current issues in auditing. 2007. Sarasota, FL: American Accounting Association. http://aaapubs.aip.org/cia/.

2. Institute of Internal Auditors. 1944. The Internal auditor: journal of the Institute of Internal Auditors. [New York, N.Y.]: [Institute of Internal Auditors].