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we learned auditors assessment of the risk of material misstatement determines the nature, timing and extent of substantive audit procedures required. Recently the AICPA announced,

we learned auditors assessment of the risk of material misstatement determines the nature, timing and extent of substantive audit procedures required. Recently the AICPA announced, data analytics will appear on the CPA exam. Discuss the impact of data analytics in the auditors work. Specifically what implications does data analytics have on audit planning including nature, timing and extent.

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