Create a Team for Audit Analytics? Part 3

In the previous post, Create a Team for Audit Analytics? Part 2, I explored the pros and cons of expecting all auditors to develop a level of data and analytic proficiency. These auditors would continue to do audit testing that involves … Continue reading → ... Read More

Create a Team for Audit Analytics? Part 2

In the previous post, Create a Team for Audit Analytics? Part 1, I explored the pros and cons of developing an analytics team. This team consists of analytic auditors who are dedicated to analytic projects; they would NOT typically manage … Continue reading → ... Read More

Create a Team for Audit Analytics? Part 1

Once your audit team has proven the value of doing analytics consistently, the next question is: Do we create an analytics team and have the team do all (or the majority) of the analytics? Or should we expect all auditors … Continue reading → ... Read More

The Analytic Staircase for Auditors

Building a successful audit analytics program is like climbing a staircase. The staircase is a set of steps that consist of several items having increasing levels of maturity. The staircase steps not only help you build your program, but enable … Continue reading → ... Read More

5 Things We Need from ACL in 2018

Here’s the 5 things I’m hoping will change in 2018 regarding ACL. They are all related to each other and feed off each other… Interesting. One) The ACL Analytics user interface (UI) finds a good plastic surgeon. While I have criticized … Continue reading → ... Read More
IIA Analytics Article Dead Wrong

IIA Analytics Article Dead Wrong

A recent IIA article on building an analytics function in internal audit is dead wrong. At least on one major point, anyway. And it’s a big one. As the tombstone reads, this point is D.O.A (dead on arrival, or more … Continue reading → ... Read More
No Analytics, No Audit Department

No Analytics, No Audit Department

If YOUR audit department doesn’t embrace data, analytics, and automation eventually, your audit department will NOT exist. No data, no analytics. No analytics, no automation. Eventually, no audit department. Editor Note: This post really applies to all departments in a … Continue reading → ... Read More
Audit Automation is NOT all Automation

Audit Automation is NOT all Automation

Some Chief Audit Executives (CAEs) and audit managers tend to think that audit automation is a set-it-and-forget-it process. NOT. In this post, I want to expand on a problem I mentioned in an earlier post , 10 Signs Mgmt Doesn’t Really … Continue reading → ... Read More
No Metrics, Little Analytics

No Metrics, Little Analytics

If your department doesn’t track metrics on your analytics, you are probably not doing analytics or you are making little progress in analytics. In either case, its obvious that analytics isn’t very important to your management. Which is one of … Continue reading → ... Read More
CISA Does NOT an IT Auditor Make

CISA Does NOT an IT Auditor Make

Passing the CISA exam does not make you a good IT auditor anymore than passing a driving test makes you a good driver. Passing either exam says that you know the basics, but you still have a lot to learn. … Continue reading → ... Read More
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