Course Detail(IA128ET : Data Analytics for Internal Auditors)

IA128ET : Data Analytics for Internal Auditors

7.00 CPE Hours (Others)
Classroom
In Collaboration with:  

Programme Objective
Data is one of the most significant disruptors for the Internal Audit (“IA”) function. It’s impact will continue to be far reaching, ranging from the nature of your audits, the way you interact with your auditees, the IA lifecycle, your risk assessments, methodology, technologies, reporting and capabilities. Internal Auditors need an effective response.
 
This course will take you through the considerations of coming up with your vision and the steps you might take to bring it to fruition. This includes identifying where in the entire IA lifecycle data is relevant, through to the steps needed to build the data capability within your function. We will share with you experiences and case studies from SMEs to MNCs.
 
We will address questions such as:

  • Where do I start?
  • What’s ready for data in my IA plan?
  • Which technologies are hot right now?

 
The benefits this will provide you are:

  • Credibility with your stakeholders.
  • More insight with less effort and more coverage, and greater likelihood of turning your insights into practical actions.
  • Sustainability and agility –an IA function which can keep pace with your changing business. Data audit can be creative and forward looking.
  • The ability to move to leading indicators of risk rather than lagging.

Programme Outline

Introduction to data analytics

  • Explain the concepts of big data
  • Provide examples of how data analytics has transformed businesses
  • Recognise how the IA function has evolved through the use of data and analytics

 
Use of data through the audit lifecycle

  • Identify how data analytics can transform all parts of the audit lifecycle, from planning, risk assessment, execution, reporting, and through to monitoring
  • Recognise the data analytics maturity continuum

 
Planning & Risk assessment

  • Identify how both collecting and enriching data can be used for analysis, to understand your audit universe and risks better
  • Recognise the use of process intelligence to identify risks during planning

 
Fieldwork

  • Recognise the different types of analytics that can be used including descriptive, predictive, and prescriptive analytics; Relate these analytical techniques to auditing a business process
  • Recognise the use of advanced analytics, such as machine learning, within audit testing

 
Data strategy

  • Recognise how to build the strategy around a data enabled IA function, considering people, process and technology
  • Recognise the landscape of tools applicable to data auditing
  • Recognise methods to create impact and the business case for data analytics

 
Transformation

  • Identify areas within your existing IA function that can be improved via data analytics

 

Training Methodology
Workshop with group discussion

Closing Date for Registration
1 week before programme or until full enrolment

 

Intended For

Any member of an Internal Audit function who is keen to embed data analytics within the audit. Those who are already on the data journey will be able to identify more opportunities to use data techniques. Members of Audit Committees, Finance and the business whom are fascinated how data can transform audit / compliance functions.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

30 Mar 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 585.00
For Non-Members: $ 642.00

Programme Facilitator(s)

Andre Tan

Venue

Marina One, 7 Straits View,
East Tower,
Singapore 018936

Date & Time

13 May 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 585.00
For Non-Members: $ 642.00

Programme Facilitator(s)

Andre Tan

Venue

Marina One, 7 Straits View,
East Tower,
Singapore 018936

Date & Time

19 Jul 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Andre Tan

Date & Time

09 Nov 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Andre Tan
Loo Soo Kiat

Date & Time

07 Sep 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Andre Tan
Loo Soo Kiat

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Andre Tan

Andre is a Director of PwC Singapore. Andre brings to the workshop many years of experience in implementing data auditing solutions for external and internal audits. He has worked in the UK and Singapore, and seen the spectrum of maturity that organisationslie on in their data journey. He blends his accounting qualification with his data specialism to bring practical experiences and real life examples above just the theory.
 

Loo Soo Kiat
Director, PwC Singapore

Soo Kiat has over 12 years of experience in providing advisory services to clients primarily in the Technology, Media and Telecommunications industry on matters ranging from strategy to execution.

Soo Kiat is focused on solutions that are underpinned by data and analytics, combined with his deep industry experience  to derive insights with impact.
He has worked in the US and Australia, and was previously an internal auditor at a major telecommunications  service provider in Singapore. 

Programme Objective
Data is one of the most significant disruptors for the Internal Audit (“IA”) function. It’s impact will continue to be far reaching, ranging from the nature of your audits, the way you interact with your auditees, the IA lifecycle, your risk assessments, methodology, technologies, reporting and capabilities. Internal Auditors need an effective response.
 
This course will take you through the considerations of coming up with your vision and the steps you might take to bring it to fruition. This includes identifying where in the entire IA lifecycle data is relevant, through to the steps needed to build the data capability within your function. We will share with you experiences and case studies from SMEs to MNCs.
 
We will address questions such as:

  • Where do I start?
  • What’s ready for data in my IA plan?
  • Which technologies are hot right now?

 
The benefits this will provide you are:

  • Credibility with your stakeholders.
  • More insight with less effort and more coverage, and greater likelihood of turning your insights into practical actions.
  • Sustainability and agility –an IA function which can keep pace with your changing business. Data audit can be creative and forward looking.
  • The ability to move to leading indicators of risk rather than lagging.

Programme Outline

Introduction to data analytics

  • Explain the concepts of big data
  • Provide examples of how data analytics has transformed businesses
  • Recognise how the IA function has evolved through the use of data and analytics

 
Use of data through the audit lifecycle

  • Identify how data analytics can transform all parts of the audit lifecycle, from planning, risk assessment, execution, reporting, and through to monitoring
  • Recognise the data analytics maturity continuum

 
Planning & Risk assessment

  • Identify how both collecting and enriching data can be used for analysis, to understand your audit universe and risks better
  • Recognise the use of process intelligence to identify risks during planning

 
Fieldwork

  • Recognise the different types of analytics that can be used including descriptive, predictive, and prescriptive analytics; Relate these analytical techniques to auditing a business process
  • Recognise the use of advanced analytics, such as machine learning, within audit testing

 
Data strategy

  • Recognise how to build the strategy around a data enabled IA function, considering people, process and technology
  • Recognise the landscape of tools applicable to data auditing
  • Recognise methods to create impact and the business case for data analytics

 
Transformation

  • Identify areas within your existing IA function that can be improved via data analytics

 

Training Methodology
Workshop with group discussion

Closing Date for Registration
1 week before programme or until full enrolment

 

Intended For

Any member of an Internal Audit function who is keen to embed data analytics within the audit. Those who are already on the data journey will be able to identify more opportunities to use data techniques. Members of Audit Committees, Finance and the business whom are fascinated how data can transform audit / compliance functions.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Andre Tan

Andre is a Director of PwC Singapore. Andre brings to the workshop many years of experience in implementing data auditing solutions for external and internal audits. He has worked in the UK and Singapore, and seen the spectrum of maturity that organisationslie on in their data journey. He blends his accounting qualification with his data specialism to bring practical experiences and real life examples above just the theory.
 
Loo Soo Kiat
Director, PwC Singapore

Soo Kiat has over 12 years of experience in providing advisory services to clients primarily in the Technology, Media and Telecommunications industry on matters ranging from strategy to execution.

Soo Kiat is focused on solutions that are underpinned by data and analytics, combined with his deep industry experience  to derive insights with impact.
He has worked in the US and Australia, and was previously an internal auditor at a major telecommunications  service provider in Singapore. 

Upcoming Schedule

Date & Time

30 Mar 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 585.00
For Non-Members: $ 642.00

Programme Facilitator(s)

Andre Tan

Venue

Marina One, 7 Straits View,
East Tower,
Singapore 018936