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Ideagen Audit Analytics

Score9.1 out of 10

2 Reviews and Ratings

What is Ideagen Audit Analytics?

Audit Analytics, an Ideagen brand since the late 2021 acquisition, is a research provider of audit, regulatory, and disclosure intelligence, serving the serving the accounting, financial, insurance, legal, regulatory and academic communities. Their database catalog includes tools to screen for audit, financial reporting, and control risks, with detailed research on over 150,000 active audits and more than 10,000 accounting firms. Access to Audit Analytics data is available via an online user subscription, email notifications, enterprise data-feed subscriptions and custom research reports.

Categories & Use Cases

Top Performing Features

  • Industry-Specific Information

    The quality and completeness of industry-specific information, e.g., the progress or success of clinical trials in the pharmaceutical industry

    Category average: 8

  • Search Tools

    The quality and effectiveness of tools to help locate specific and relevant information within the platform

    Category average: 8.4

Areas for Improvement

Good for accounting researchers

Use Cases and Deployment Scope

I'm an accounting researcher who is passionate about producing new knowledge for the accounting profession. I use the Ideagen Audit Analytics dataset for accounting and auditing research. The dataset includes critical variables, for example, audit fees, non-audit fees, and critical audit matters. The data provider also organizes data efficiently, with clear-identified labels/columns. The dataset is easy to download and is comprehensive.

Pros

  • Easy to download.
  • Column names are clear.
  • Data is comprehensive.
  • Data updates are promptly.

Cons

  • I use WRDS often. If Ideagen Audit Analytics can have a closer relationship with WRDS, that will be awesome, for example, more frequent updates on WRDS.
  • Overall, I like this dataset so far.

Usability

Alternatives Considered

WRDS

Other Software Used

Stata

Useful data for financial research

Use Cases and Deployment Scope

I like that the data contained in Ideagen Audit Analytics is easy to understand and very useful when implemented in financial research. Ideagen Audit Analytics provides essential data I need, in order to answer questions in financial research. It provides good coverage of many firm-years, to allow for robust analyses, insightful results, and innovative implications.

Pros

  • Coverage period
  • Available variables
  • Internal consistency

Cons

  • No area really

Return on Investment

  • It helped me increase my productivity.
  • It made my research faster.
  • It made my research more efficient.

Usability

Other Software Used

WRDS