The Current Situation Of Application And Response Of Big Data Technology In Financial Statements Audit Analytical Procedures

Analytical procedures are an important audit process in modern risk-oriented audit approach,but there are many shortcomings in the traditional implementation of analytical procedures,which make it difficult for analytical procedures to perform their role.Big data technology covers various processes such as data acquisition,data cleaning,data storage,data analysis,result presentation,information privacy and data source protection.It is a targeted and effective solution to the deficiencies in the traditional implementation of analytical procedures,and has positive guidance for audit theory and audit practice.Although the advantages of big data technology have been deeply rooted in people's mind,related discussions have been abundant enough,some firms have begun to explore the application of big data technology,trying to apply big data technology to the audit work.However,according to the feedback from front-line audit staff,the actual implementation of the analytical procedures at present subjects to various constraints,audit teams often lack effective application of big data technology analysis tools,have rarely or never used big data technology to assist in audit work,even if it is used to a certain extent,the results are often unsatisfactory,big data technology has not yet been able to fully perform its advantages and capabilities,front-line audit staff do not understand the technology and have no obvious perception of it either.Overall,big data technologies are just beginning to be used in analytical procedures and still need a long time to develop.The current situation could be caused by the limitations of the technical environment,the limitations of the industry environment,as well as the limitations of the economic environment.In order to cope with these limitations,practitioners in the Certified Public Accountant Vocation should face up to the problems,make accurate solutions,and physically act to truly master the cutting-edge big data technology,establish technical standards,build data platforms,and keep strict confidentiality measures;Within the industry,it is also necessary to update and improve the system regulatory requirements in time,those head offices with resources and technical advantages should facilitate the technical construction of the weaker firms,to attract talent,train talent and retain talent;It is also important to encourage market development,the growth of suppliers,and the construction of qualified audit tools that are technologically advanced,appropriately cost,and consistent with auditors'work habits and CPA industry process requirements.The article starts with a theoretical discussion on the basis of big data audit analysis and elaborates the feasibility and advantages of applying big data technology.Then,through research on the current situation of big data audit analysis application in the work process with front-line auditors,understand the real situation of big data audit analysis application,obtain the problems in the process of big data audit analysis application,analyze the reasons for these problems on this basis,and discuss how to overcome the existing problems and give full performance to the advantages of big data technology by combining theory and reality.