EY has developed a leading-class analytics platform, EY Helix, for use by its Assurance practice to leverage analytics techniques and technologies to bring more improvements and quality to each audit. EY Helix is a proprietary tool and not available for the classroom. However, the EYARC has developed EY Helix General Ledger Analyzer for students, a simplified tool based on elements of EY Helix designed specifically for the classroom and using Tableau Desktop software. The tool helps students simulate real-world audit analytics procedures by using similar data, analyses and tools used by professional auditors.
Students can utilize this tool while completing a series of cases for Peach State University Hotel. Students do not need to know how to develop analytics and visualizations in Tableau to complete the case. A full user guide for the tool is provided for the students to help them navigate and understand the purpose of each analysis within the tool.
Understanding audit analytics case: Students learn how audit analytics is used in the audit to assess risk at an account level, as well as a substantive procedure to obtain audit evidence. Students also become familiar with their audit analytics tool, EY Helix General Ledger Analyzer for students, and perform simple steps to validate their understanding of the purpose, navigation and instructions for each analysis within the tool.
Suitable courses: Auditing (external and internal); Fraud; Data analytics