Data analytics has gained popularity across various fields as an automation tool driving process efficiencies. This session will explore proven methodologies for integrating data analytics into audit procedures to achieve efficiency gains through AuditBoard Analytics. By leveraging purpose-built analytics solutions, auditors can automate manual audit tests and uncover patterns, trends, and anomalies that traditional testing methods may miss. Additionally, we will delve deeper into the potential of leveraging integrations with other systems such as GRC platforms, ERP systems, and issue management tools, and AuditBoard. This approach helps enhance operational efficiency and expand assurance coverage.
At the end of this session, attendees will be able to:
- Identify the right opportunities to leverage data analytics within the audit life cycle.
- Examine specific use cases where audit and control tests leverage data analytics to achieve significant efficiency gains.
- Describe how purpose-built solutions like AuditBoard Analytics can transform any auditor into an audit analyst without a steep learning curve.
- Implement effective techniques for analyzing large datasets using engaging visualizations such as dashboard solutions to uncover insights that inform strategic decision-making.
- Gain insights into how integrating data from other GRC platforms, ERP systems, and issue-tracking tools into AuditBoard can provide a more holistic view of organizational risks and performance.
* CPE: This is a webinar recording. Credits are not offered for on-demand viewing.