Date and Time:
April 26, 2023 10:00 am - 2:45 pm
Event Location:
Online, India
Description
More and more auditors are using data analytics in audit to improve their internal audit programs and processes as well as deliver a more business-centric audit function that can focus on higher-priority risks. In this virtual training on Data Analytics- Remodel your Internal Audit Function scheduled on 26th April 2023, attendees will learn about the Internal Audit Lifecycle, Use of Data through the Audit Lifecycle, Use of forensic techniques when you suspect fraud in the audit- Evidence considerations from an auditor. The program contains a strong focus on hands-on learning.
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:
- Mohit Gupta
Senior Director
SNB India Private Limited - Ankush Lamba
Managing Director
Ankura
- Amol Pitale
Managing Director
Ankura
Event Timelines
Session 1: Internal Audit Lifecycle
o Risk Assessment planning and scoping
o Investigations
o Continuous Auditing
o Predictive Risk Analytics and Internal Benchmarking
o Controls and Compliance Assessments
o Tracking of Issues and Actions
o Reporting
Session 2:
• Analytics in the context of IA
o Introduction to Data Science & Analytics
What is analytics
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
• Use of Data through the Audit Lifecycle
o Identify how data analytics can transform all parts of the audit lifecycle, from planning, risk assessment, execution, reporting, and through to monitoring
o Recognize the data analytics maturity continuum
o Seeing the data in dashboards
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
Session 4: Cyber considerations in Internal Audit and Risk Analysis?
