This course covers the critical aspects of data mining that auditors should know, the data that should be used and how to incorporate data mining into the audit methodology. Also, how to assess critical business functions and analytical procedures to perform individual and continuous assessments. Note: You are encouraged to bring a laptop to perform a number of hands-on exercises involving data and how it should be applied to your organization.
You should attend because data mining and analytics are essential for success as an auditor today. There are too many risks, controls, and transactions to review manually.
Compliance Officers; Audit Directors and Managers; Financial, Operational and IT Auditors; Key Operational personnel
You will learn how to define which data should be used for what purposes to maximize the outcome of your audit efforts. You will learn how data mining can be used to demonstrate the value you provide the organization.
Fundamentals of Internal Auditing (OAG101) or equivalent experience
Aligning the Audit Function with the Business:
Defining Data Mining/Continuous Auditing
Maximizing the Use of Data:
Data Analysis Methodologies: Logically Focusing the Audits on Critical Business Concerns
Defining a Continuous Audit Process for Maximum Effectiveness:
Focusing Reporting on Outcomes Not Outputs:
Use the table below to select the time and location that works best for you.
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: www.nasbaregistry.org.