Data Analytics Comment Letter to IAASB. CFA Institute supports IAASB's stance and approach towards incorporating data analytics in the International  Standards on Auditing (ISAs). The use of data, data analytics and technology can result in a move effective and efficient process of financial reporting,making such reports more transparent, and better-quality information on a timely basis. In addition, the IAASB's Data Analytics Working Group (DAWG) should be involved in projects related to data analytics and its further advancement.