Description:
Transform your audits and analytical skills to high gear. This course concentrates on the science and art of discovering and analyzing patterns, identifying anomalies, and extracting other useful information in data underlying or related to the subject matter of an audit through analysis, modeling, and visualization while planning or performing audits. The course is also applicable to financial managers and program evaluators looking for patterns and correlation, cause and effect relationships, impact analysis and possible fraud assessment.
Learn the use of descriptive, predictive and prescriptive audit data analytics techniques within the auditing process for performing:
- Risk Assessment and Planning
- Auditing Financial Assertions
- Assessing Internal Controls and Operational Effectiveness
- Continuous/Concurrent Auditing and Monitoring
- Fraud Detection
For the virtual version, students must have Excel-with the Data Analyst ToolPak activated (this is included with Excel software)
Who Should Attend?
Auditors, financial managers and program evaluators with three years of experience and seasoned professionals with limited exposure to the subject matter. Analysis Techniques for Auditors (AUDT7900A) is a recommended prerequisite for this course.
Tuition:
$1,129.00
Credits:
24.0 CPE's
Class Type:
This course is currently being offered in the following training modalities:
- Online
- Virtual Instructor-Led - AUDT8100A
- Class Length: This class is listed as a 3 day course.
- Virtual Instructor-Led - AUDT8100A
- On-site
Learning Outcomes:
- Establish audit objectives for data analysis use
- Describe the auditees technology environment
- Define detail data requirements
- Obtain data (Extract, Transform and Load (ETL) process)
- Perform data and statistical analysis techniques
- Evaluate results of data analysis
- Document results
- Apply data visualization
Module 1: Consideration of Data Validity, Reliability, and Integrity under Generally Accepted Governmnet Auditing Standards
Module 2: Data Integrity
Module 3: Descriptive Statistics
Module 4: Graphs
Module 5: Outliers and Their Description
Module 6: Other Anomalies
Module 7: Correlation
Module 8: Hypothesis Testing