Data Analytics in Internal Audit

How to drive value from Data Analytics in Internal Audit


Date and Time:

November 23, 2021 4:00 PM - 6:00 PM

November 24, 2021 4:00 PM - 6:00 PM

November 25, 2021 4:00 PM - 6:00 PM

November 26, 2021 4:00 PM - 6:00 PM

Event Location:

Online, India

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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, there will be Interplay between Forensics and Audit,
Use of Data through the Audit Lifecycle, Technology Trends in Data Analytics as attendees will learn the different types of data analytics Process. The program contains a strong focus on How to drive value from Data Analytics in Internal Audit.

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:

  • Shashank Karnad
    Partner & CEO
    Forensic Services- Mahajan & Aibara
  • Ganesh Balakrishnan
    Audit Talent Lead and Audit Learning & Development Leader
    Deloitte in India 
  • Mohit Gupta
    Partner – Governance, Risk, Resilience and Compliance
    Mazars in India

Brochure: IA_V1

Event Timelines

23rd November, 2021 04:00 PM – 06:00 PM
Session 1:
• 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
24th November, 2021 11:00 AM – 01:00 PM
Sessions 2:
• 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
25th November, 2021 04:00 PM – 06:00 PM
Session 3:
• Process
o The Computer Assisted Auditing Techniques (CAAT)
 The integration of CAAT procedures
 What information should we provide to IT in order to get the right data
 Where are the scripts stored and documents so that other team members can leverage them
 What process will be used to validate data quality
 How are data analytics integrated throughout the internal audit methodology, including risk assessment; annual audit planning, audit project planning, scoping, fieldwork, and reporting’ issue follow-up and other related activities
26th November, 2021 11:00 AM – 01:00 PM
Session 4:
• Interplay between Forensics and Audit
o 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
o Common analysis to identify red flags
Sorry, Event Expired

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