The Internal Audit Analytics Conundrum

December 20, 2013

Leading organizations are able to gain significant competitive edge through data. The increasing sophistication of analytics technologies, coupled with the access and linkage of traditionally disconnected data sources is providing a level of insight and perspective not seen before in large organizations. These same methods are rapidly making their way into Internal Audit and compliance functions, allowing auditors to better understand and quantify risk, test controls and business processes quickly and efficiently. Advanced analytics can uplift and even change the audit proposition. The question is -- "Where do I start?"

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