Description:
Transform your audits and analytical skills to high gear. This course concentrates on the science and art of discovering and analyzing patterns, identifying anomalies, and extracting other useful information in data underlying or related to the subject matter of an audit through analysis, modeling, and visualization while planning or performing audits. The course is also applicable to financial managers and program evaluators looking for patterns and correlation, cause and effect relationships, impact analysis and possible fraud assessment.
Duration:
3 days
Level:
Intermediate
Who Should Attend?
Auditors, financial managers and program evaluators with three years of experience and seasoned professionals with limited exposure to the subject matter.
Prerequisites:
- Analysis Techniques for Auditors (AUDT7900)
Credits:
24 CPEsLearning Outcomes:
- Explain the importance of data analytics in auditing.
- Identify patterns and outliers for audit.
- Describe the difference between structured and unstructured data.
- List difference of common data analysis tools.
- Establish "reasonable assurance" that audit data can be used to service the audit objective.
- Describe and comply with federal law and agency regulations.
- Satisfy Government Accountability Office (GAO) standards for data validity, reliability, and integrity.
- Discuss multiple tools, including descriptive statistics, Benford's Law, correlation, etc.
- Describe the auditees technology environment.
- Define detail data requirements.
- Obtain data (Extract, Transform and Load (ETL) process).
- Perform data and statistical analysis techniques.
- Evaluate results of data analysis.
- Document results.
- Apply data visualization.
Available Sessions:
| Session Code | Start Date | End Date | Location | Tuition | |
|---|---|---|---|---|---|
| Session Code AUDT8100-001 | Start Date May 06, 2025 9:00 AM EST | End Date May 08, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-002 | Start Date Jun 24, 2025 9:00 AM EST | End Date Jun 26, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-003 | Start Date Jul 15, 2025 9:00 AM EST | End Date Jul 17, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-004 | Start Date Aug 19, 2025 9:00 AM EST | End Date Aug 21, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-005 | Start Date Sep 23, 2025 9:00 AM EST | End Date Sep 25, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-006 | Start Date Oct 28, 2025 9:00 AM EST | End Date Oct 30, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 | |
| Session Code AUDT8100-007 | Start Date Dec 02, 2025 9:00 AM EST | End Date Dec 04, 2025 5:00 PM EST | Location Virtual | Tuition $1,199.00 |
- Module 1 Consideration of Data Validity, Reliability, and Integrity under Generally Accepted Government Auditing Standards
- Module 2 Data Integrity
- Module 3 Descriptive Statistics
- Module 4 Graphs
- Module 5 Outliers and Their Description
- Module 6 Other Anomalies
- Module 7 Correlation
- Module 8 Hypothesis Testing
Other Recommended Courses:
- Practical Statistical Sampling for Auditors (AUDT8112)
- Analysis Techniques for Auditors (AUDT7900)
- Using Metrics to Assess Performance (AUDT8027)
- Audit Evidence and Documentation (AUDT7011)
- Auditing Performance Outcomes (AUDT9012)
