Subject: | ‘The most important tools of Internal Audit’ |
Date: | Thursday, 18 January 2024 |
Time: | 9:00 to 12:00 |
Venue: | ONLINE via ZOOM |
Language: | English |
CPE Points (Continuous Professional Education): | 3 CPEs |
Instructors: | Claire Worledge (CIA, CFE, CISA) |
Outline: | ![]() |
Registration Form: | ![]() |
Training objectives
- 09-10: Understand the opportunities that are offered by data analytics to the auditor:
- Difference between random sampling and power sampling
- KPIs of the entire business process
- Risk profiling
- Analysis of trends and indicators for audit planning
- Automation of internal audit tasks
- Directive approach for junior audit teams
- 10:00-10:30: Become aware of the different types of tools that auditors can use to do data analytics:
- Data mining,
- Data visualization,
- Artificial Intelligence for learning, modelling, predicting
- Generative Artificial Intelligence for automated creation of python code and data visualizations
- 10:30-10:45 – Virtual coffee break
- 10:45- 11:00: Understand how to set-up a budget and business case for the introduction of data analytics into the audit function, analysis of an example budget
- 11:00 – 11:45: Understand the challenges for using data analytics:
- Human resources challenges and training needs
- Data Analytics Framework for integrating data analytics into the audit
- Managing expectations and getting passed Change Management issues
- 11:45 – 12:00: Question time