Modern internal audit cannot do without Data Analytics that will bring speed, efficiency and will demonstrate its added value.


Find out the four reasons that will let you adopt it for your future audits 

 

 

What to do with Data Analytics: 

 

• Understand the context and the organization of the audited entity through the analysis of its transactions (accounting, payroll, inventories, cash, sales…) 
• Identify the different actors, trends and work methods with the review of these data 
• Identify hidden flows 
• Prepare precise and relevant questions for the interviews

 

What to do with Data Analytics: 

 

• Be able to redo the same tests on each period without having to repeat all the steps manually 
• Have the ability to standardize tests to do them on different entities in your group 
• Obtain an internal benchmark based on the same standard tests within your organization to identify issues and trends.

What to do with Data Analytics: 

• Test easily all the transactions within a fiscal period  
• Test precisely several fiscal periods at the same and make comparisons to identify relevant variances and trends 
• Compare simultaneously transactions from different entities from your organization to identify links or variances in trends and patterns

What to do with Data Analytics: 

 

• Work remotely on the data extractions of your group entities  
• Mix different sources of data to check the variances and look for root causes 
• Being able to work in autonomy and independently by accessing data alone 
• Do not waste audit time with basic interviews on the activity and processes