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How are common data models relevant to auditors

How are common data models relevant to auditors

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Answer #1

Auditors are the personnel ,authorised to verify the correctness of the financial reports of the company.During the period of auditing and auditor is authorised to access every relevant document and reach every responsible persons, he feel on his side that are necessary to give a clear report on the financial statements presented to him by the management.

All collection of the attributes , relationships and entities of the business with well defined semantics are reprsented by the common data model. Every information stored is analyzed and related with that of each other to know the efficiency of the relevant datas.Transforming audit , the common data model helps to analyze the ledgers and sub ledgers . Auditors use the common data model in audit of audit events, deletion of the partitioned and non-partitioned Structured Query Language (SQL) database, audit of user access.

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