ISACA Greater Cincinnati Chapter - Fall Seminar 2017
The Greater Cincinnati ISACA Chapter is proud to present a two-day, 16 CPE seminar by Jim Tarantino, CISA, CRISC, ACDA of MIS Training Institute (MISTI) on "Successful Audit Data Analytics" on November 16th and 17th at The Original Montgomery Inn in Montgomery, Ohio.
In this two-day seminar attendees will learn everything needed about effectively integrating data analytics, or CAATs (Computer Assisted Audit Techniques), into an audit process. Attendees will learn how technology can be used to more efficiently and effectively achieve desired results and brainstorm analytics across most major business cycles. Attendees will learn how to progress from basic analytics into a fully automated /repetitive mode, and learn the basics of Continuous Auditing. We will review common hurdles and hear how the most successful organizations in the world have been able to exploit the power of data analysis to achieve visible and sustainable value.
Whether you are in audit management, directing a team where you may never personally use the technology, or the person who will ultimately be performing data analysis techniques, this seminar provides critical experience. Participants in audit management will learn how to design effective strategies and programs to ensure sustainable results.
As the course progresses, attendees will move quickly from understanding basic analytic techniques such as stratifications, summarizations, and duplicate identification into more advanced techniques such as fuzzy matching, Benford’s Law, and statistical and regression analysis. Attendees will explore cutting-edge topics such as visual analytics, risk score carding, and spatial analysis. Regardless of the tool you currently use or plan to use in your department - generic such as MS Excel or MS Access, audit-centric like ACL or IDEA, or more IT-oriented like SQL or SAS - the standard pseudo-code used throughout the course will allow you to easily take what you have learned and quickly code it in your tool of choice. The course will be demo-only, so laptops will not be necessary.
· The Business Case for Audit Analytics
· Integrating Data Analytics Across the Audit Process
· The Data Analysis Process
· Pros and Cons of Common Data Analysis Tools:
· Analytic Development Cycle
· Planning for Data Access
· Exploring Data Access Options and File Types
· Common analyses in major business processes
· Advanced Analytic Design Technique
· Verifying Standard Data
· Leveraging External Data Sources
· Developing Appropriate Standards
· Making Analytics Repetitive
· Moving Towards Continuous Auditing
· Common Implementation Hurdles
· People and Process Issues
· Reporting and Interpreting Results
· Advanced Topics and the Evolution of Analytics
Jim Tarantino, CISA, CRISC, ACDA, is the Client Solutions Director for High Water Advisors, a consulting firm specialized in helping organizations improve governance, risk management, compliance (GRC) and audit processes. He has over 15 years of information technology, analytics, audit and GRC experience with a recognized expertise in developing solutions to enable data-driven auditing, risk assessment and investigations. Prior to joining High Water Advisors, Mr. Tarantino was a Solution Lead/Practice Manager for ACL Services, where he led the implementation of data analytic solutions for large public sector clients. He has also held a number of GRC practitioner roles including Senior Auditor at RTI International and various management positions at Nortel Networks implementing a human capital analytics program. As a member of the IIA, ISACA and ACFE, Mr. Tarantino participates in local chapter activities, including serving as an instructor for CISA certification exam preparation seminars.
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