Successful Audit Data Analytics

MIS Training Institute (MISTI)
Training overview
3 days
2,795 USD
Professional course
Next start date: 7/20/2020 - Atlanta
Start dates
Atlanta
7/20/2020  
2,795 USD
Dallas
9/14/2020  
2,795 USD
New York City
10/5/2020  
2,795 USD

Course description

Successful Audit Data Analytics

In this three-day seminar designed for data analytics practitioners, attendees will learn everything they need to effectively integrate data analytics, or CAATs (Computer Assisted Audit Techniques), into an audit process. You will learn how technology can be used to more efficiently and effectively achieve desired results and brainstorm analytics across most major business cycles. You will learn how to progress from basic analytics into a fully automated/repetitive mode, and learn the basics of Continuous Auditing. We will review common hurdles and hear how the most successful organizations in the world have been able to exploit the power of data analysis to achieve visible and sustainable value.

This seminar provides critical experience and content for the audit analytics practitioner. You will get a chance to see how to align your analytics with your department’s vision for the use of data analysis. You will get the opportunity to work on real-world scenarios with sample data files, and practice designing effective tests and critiquing and QAing the work of others.

As the course progresses, you will move quickly from understanding basic analytic techniques such as stratifications, summarizations, and duplicate identification into more advanced techniques such as fuzzy matching, Benford’s Law, and statistical and regression analysis. You will explore cutting-edge topics such as visual analytics, risk score carding, and spatial analysis. Regardless of the tool you currently use or plan to use in your department - whether generic like MS Excel or MS Access, audit-centric like ACL or IDEA, or more IT-oriented like SQL or SAS - the standard pseudo-code used throughout the course will allow you to easily take what you have learned and quickly code it in your tool of choice. Additionally, you will get hands-on experience working with demo versions of several popular tools, giving you the chance to see first-hand the strengths of each.

COVID-19 Update

In light of COVID-19, this provider is now delivering some or all of their courses online. Contact them for more information!

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Who should attend?

Internal and External Auditors; IT Auditors; QA personnel; IT Security Managers; Consultants

Prerequisites

Fundamentals of Internal Auditing (OAG101), IT Auditing and Controls (ITG101) or equivalent experience

Training Content


  1. Integrating Data Analytics Across the Audit Process
  2. Pros and Cons of Common Data Analysis Tools
  3. Analytic Development Cycle
  4. Planning Data Analytics Projects
  5. Planning for Data Access
  6. Advanced Analytic Design Techniques
  7. Working with Standard Data
  8. Leveraging External Data Sources
  9. Reporting and Interpreting Results
  10. Developing Appropriate Standards
  11. Making Analytics Repetitive and Continuous
  12. Advanced Topics and the Evolution of Analytics
  13. Common Analyses in Major Business Processes

Certification / Credits

Completion of this course is worth 24 CPE Credits

About MISTI

MIS Training Institute

MIS Training Institute (MISTI)

With offices in London and Boston, MISTI is the global leader in IT audit, audit and information security training. Founded in 1978, MISTI has gained experience through training more than 200,000 delegates across five continents.  MISTI has made it their...


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Reviews

Average rating 4.6

Based on 19 reviews

Chris K.
(3)
Ask about dietary restrictions during registration. It was new to me that lunch was included, but I don't remember seeing anywhere that I could specify my nut allergy. The first day the entree has nuts included. I wish we spent more time discussing common analytics and more complicated analytics that can help in my industry. Everything seemed ...
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Lyle S.
(4)
Good training for beginner and a refresher for intermediates. I would recommend this training to get insights on leveraging Data Analytics in Audit.
Kieran B.
(4)
The training room was quite warm the first two days, but that is beyond MISTI's control. The instructor asked for the temperature to be adjusted but it seemed to be a problem with the whole facility.
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