It is argued that internal auditors have easy access to roganizational data therefore, applications of Big data anaytics have wider applications, However, I am more interested to know and understand the constraints and challenges faced by interal auditors in using BDA.
In my opinion, it is possible to obtain data mainly financial, but not only financially from publicly available sources on the Internet, to carry out an audit of the company as a continuous process through the use of Big Data database technologies in conjunction with the Business Intelligence platform. However, business analytics based mainly on data available on the Internet makes sense rather for the study of external entities, counterparties, business partners and potential clients. The data obtained from the Internet may come from various websites and web portals, including from social media portals. On the data collected from social media portals, you can use the sentiment analysis on the Big Data collected in the database system to conduct supplementary research for the needs of external audit. However, for an internal audit, you can use the Business Intelligence platform based on data from the company that we manage. These data are collected and processed on an ongoing basis in the internal Big Data database system. Thus, Big Data database systems can be useful both for internal and external audit but in slightly different formulas of applications and functions. Regards
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