. https://inc42.com/resources/how-big-data-and-analytics-are-transforming-the-audit/

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SHARESHARESHARE
HOW BIG DATA AND ANALYTICS ARE TRANSFORMING THE AUDIT?
Big Data in recent times are considered more important for around 93% of companies over $250 Mn.A big data at recent times acts as a cloud and helps to store as well as manage vast amounts of data.Big data analytics helps organizations to exploit more data and use it to explore new opportunities. Auditing always holds the biggest challenge in it, such as data privacy, Data Governance, Ethics, and Integrity. Earlier data was something that is human-generated and structured by them. Whereas, recent technological inventions have turned data to be machine-generated and unstructured. Thus, the massive cluster of data is now termed to be the Big Data. This big data is expected to have a drastic impact on productivity, profits, and risk management. Analytics, a process of verifying the data and its objectives, which draws a meaningful conclusion. READ MORE