NEW Audit 2023 Audit technology fit for the future

Introduction

This tutorial explains how to utilize KPMG Clara, an innovative audit technology platform designed to enhance audit quality and provide actionable insights in real time. As modern auditing demands agility and intelligence, understanding KPMG Clara's features and functionalities will help audit professionals stay ahead in the industry.

Step 1: Understand the Features of KPMG Clara

Before diving into the platform, familiarize yourself with its key features:

• User-Friendly Interface: KPMG Clara offers an intuitive design that simplifies navigation.
• Real-Time Insights: The platform provides analytics and data visualization tools to help auditors make informed decisions quickly.
• Integration Capabilities: It can connect with various data sources, enhancing the depth of analysis.

Step 2: Set Up Your KPMG Clara Account

To start using KPMG Clara, follow these steps:

1. Visit the KPMG Clara Website: Go to the official KPMG Clara page.
2. Create an Account: Click on the sign-up option and fill in the required details.
3. Verify Your Email: Check your email for a verification link and confirm your account.

Step 3: Customize Your Dashboard

Once logged in, customize your user experience:

• Select Widgets: Choose relevant widgets that display key metrics and data points.
• Arrange Layout: Drag and drop elements to organize your dashboard according to your preferences.

Step 4: Import Data

To utilize KPMG Clara effectively, you need to import relevant data:

1. Access the Data Import Section: Navigate to the data management area.
2. Choose Data Sources: Select the appropriate sources from where you need to pull data (e.g., Excel files, databases).
3. Upload Data: Follow the prompts to upload your data files.

Step 5: Conduct the Audit

With your data ready, initiate the audit process:

• Use Built-in Tools: Leverage KPMG Clara’s analytical tools to assess risks and identify anomalies.
• Document Findings: Record your observations directly within the platform for easy reference.

Step 6: Generate Reports

After completing your audit, create comprehensive reports:

1. Navigate to Reporting Tools: Find the reporting section in KPMG Clara.
2. Select Report Type: Choose the format (e.g., PDF, Excel) that suits your needs.
3. Customize Report: Add necessary details, charts, and insights to your report.
4. Export the Report: Download or share the report with stakeholders.

Step 7: Continuous Learning and Support

Maximize your use of KPMG Clara by engaging in ongoing education:

• Access Training Materials: Explore tutorials, webinars, and user guides available on the KPMG Clara platform.
• Join User Communities: Participate in forums or groups to learn from other users’ experiences.

Conclusion

KPMG Clara is a powerful tool for modern auditors, enhancing the quality and efficiency of the audit process. By following these steps, you can set up and effectively use the platform to gain deeper insights and improve your audit outcomes. To further your skills, take advantage of available resources and stay updated on new features.