Agenda Details

F4 Embedding Data Analytics into Audits
Patrick Ferrell, CIA, CPCU, AVP, Internal Audit Services, RLI Corp.; Brooke Miller, CIA, CPA, CPCU, Manager, Internal Audit Services, RLI Corp.
Date: Wednesday, 1 May 2013
Time: 10:45am - 11:45am
Track: High-Impact Audits
• Factors to consider when contemplating including data analytics in the audit process
• Benefits of using data analytics
• Ensuring staff is trained in data mining
• Steps used to embed data analytics into the audit process
- Importing
- Extracting
- Data scrubbing
• Validating results through investigation
• Using trending analysis for audit planning