This course discusses the reasons to use analytics, how auditors can determine analytical tests, and what organizations should put in place, besides a tool, to ensure a successful program. These topics are reviewed in the context of TeamMate Analytics, and a high level overview of TeamMate Analytics is reviewed.
Publication Date: July 2017
Designed For
People in organizations that would like to expand their existing audit analytics program or that don’t really have a program in place.
Topics Covered
- Why organizations need an analytics program
- Approaches for determining tests to use on an audit
- Besides a tool, the other factors needs to be successful
Learning Objectives
- Recognize reasons to use analytics
- Identify how auditors can determine analytical tests
- Differentiate what organization should implement, besides a tool, to ensure a successful program
- Recognize how TeamMate Analytics data preparation tools can help save clients time
- Identify how to advance the use of analytics within an organization
- Recognize how pivot tables can easily be created from data
- Define which test can easily identify missing records
- Identify which anti-fraud controls are often used
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Business Management & Organization (1 hour)
Program Prerequisites
None
Advance Preparation
None
Instructor
Ken Petersen
Ken Petersen has over 25 years of experience developing and implementing systems and working with data in a variety of capacities. Since 2002 Ken’s focus has been on the Governance, Risk and Compliance space working with accountants, auditors and compliance professionals at numerous customers across multiple industries managing and implementing software solutions to satisfy various business needs. Ken has been with Wolters Kluwer since 2009 and is currently a director and product owner of the TeamMate Analytics product focused on helping auditors perform data analytics. Ken is PMP certified, holds an MBA from the University of Dayton and a BSBA in Information Systems from the Ohio State University.