Methods in Audit Data Analytics: Normalizing and Forming Data

Overview

Methods in Audit Data Analytics: Normalizing and Forming Data Overview
Data analytics have become an integral part of modern internal auditing, and auditors knowledgeable about data integrity, and techniques to analyze it, are in high demand. Proficiency examining data helps auditors identify waste, abuse, and fraud, and provides great opportunities to add value to audit clients. But extracting insights from the data is not enough, practitioners must also acquire effective communication skills to successfully convey their results and the business implications, which are essential to promote positive change. Topics covered in this course include data dumps and access, security profiles for audit data, checksums for data security, and relational data files. The course also covers specific jargon, tools of the trade, the process of analytics supported audit, and the normalization of data. Other topics covered include pivot tables, data questions in payroll, in accounts payable, how to ask quality questions, creating a dashboard, and using business intelligence dashboard. Who Should Attend Compliance Officers, Audit Managers and Directors, Financial, Operational, and IT Auditors, and key operational personnel.
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WEBVTT (Music) Welcome to our course on methods in audit data analytics, normalizing and forming data. In this course, you'll learn the essential role of data analytics in modern internal auditing. You will gain expertise in examining data to identify waste, abuse, and fraud, which adds value for audit clients. The course also emphasizes effective communication skills for conveying data insights. Key topics include managing and securing audit data, understanding relational data files, trade tools, analytics supported auditing, data normalization, and creating proficient data questions for payroll and accounts payable. You'll also explore dashboard creation and business intelligence dashboard use. Ideal attendees for this course are compliance officers, audit managers, financial, operational, and IT auditors, and key operational personnel. Successful completion of the course earns eight CPE credits, so let's get started. (Music)

Learning Style

On Demand

Level

Intermediate

Includes

Assessment

Who this course is for

Compliance Officers, Audit Managers and Directors, Financial, Operational, and IT Auditors, and key operational personnel.

NASBA Certified CPE

8 credits

Field of Study

Auditing

Length of course

8h

Prerequisites

None

Advanced Preparation

None
15 Episodes

Here are the topics we'll cover

  • Course Overview
  • Normalizing and Forming Data
Learning Options

Options for this course

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ACI Learning is registered with NASBA

ACI Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/