Data Analytics for Internal Auditors

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Date and Time:

July 18, 2024 10:00 AM - 2:00 PM

Event Location:

Online, India

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Description

Achromic Point presents Data Analytics for Internal Auditors on 18th July 2024. This hands-on program aims to give the participants an understanding of the types of data analytics, its benefits and the various standards of data analytics along with their respective limitations. Throughout the program attendees will learn the Introduction to Data Analytics, Use of Data through the Audit Lifecycle and Use of forensic techniques when you suspect fraud in the audit- Evidence considerations from an auditor.

 

Who should attend

  • Chief Risk Officers
  • Chief Audit Executives
  • External Auditors
  • CFOs
  • Internal Directors/Managers/ Supervisors/Auditors
  • Risk Managers
  • Assurance professionals
  • Risk & Governance professionals

 

THOUGHT LEADERS:

  • Ankush Lamba
    Managing Director, Data and Technology
    Ankura
  • Vetrivelan A B
    Associate Director
    Deloitte Risk Advisory
  • Shashank Karnad
    Partner and CEO, Forensic Services
    Mahajan & Aibara

Event Timelines

1
10.00 AM - 11.30 AM

Session 1: Introduction to Data Analytics





Explain the concept of big data
Examples of how data analytics has transformed businesses
how the IA function has evolved through the use of data and analytics
Identify how data analytics can transform all parts of the audit lifecycle, from planning, risk assessment, execution, reporting, and through to monitoring
Identify and define key data analysis terms
List common issues regarding data types
Tools overview
Explain necessary preparation to get started on a data analysis project – Typical Process
Strategic Considerations



People
Process
Methodology
Data Management






2
11.30 AM- 12.30 PM

Session 2: Use of Data through the Audit Lifecycle





Identify how data analytics can transform all parts of the audit lifecycle, from planning, risk assessment, execution, reporting, and through to monitoring
Recognize the data analytics maturity continuum
Recognise the different types of analytics that can be used including descriptive, predictive, and prescriptive analytics; Relate these analytical techniques to auditing a business process
Seeing the data in dashboards


3
12.30 PM - 02.00 PM

Session 3: Use of forensic techniques when you suspect fraud in the audit- Evidence considerations from an auditor





Implementing pre-incident forensic analysis routines that can be used to assess “What could go wrong”, detect fraud during audit and in leading organisations, on the basis of Continuous Auditing/Continuous monitoring program
Common analysis to identify red flags


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Delegate Seat Type:

(+) or (-) to increase or decrease delegate numbers Number of Delegates
Per Seat Price 7,000.00
Total Delegates Total

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