ΠΕΡΙΓΡΑΦΗ

Data analytics can lead to improvement within the internal audit function and reduction of repetitive processes, while providing a more thorough audit.

By including process mining in the audit process not only enables audit to easier determine outliers and lack of process compliance, but also enables organisations to improve processes, highlight inefficiencies and reduce costs.

The qualified trainers of this webinar are passionate about analytics, internal audit and process mining and possess solid experience in the field. This training will provide the basic knowledge and benefits of data analytics and process mining within internal audit. In addition, participants will be informed about the framework, tools and concepts necessary to develop an audit function in the 21st century.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of the webinar, participants will be able to:

• List the benefits of data analytics and process mining
• Acknowledge the tools necessary to embed these practices within the audit function
• Describe the framework necessary to implement those practices within their organisations
• Apply data analytics and process mining in the audit processes
• Demonstrate how to improve decision making based on audit outcomes
• Appreciate the importance of analytics and process mining in internal audit

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Company owners and managers, internal audit managers, executives tasked with data analytics within organisations, CEOs, chief operating officers, chief commercial officers and other related professionals.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Agenda

Join the webinar (8:30 a.m. - 9:00 a.m.) *

Sessions (9:00 a.m. – 12:45 p.m. including two 15-min breaks between sessions)

1. Data analytics and process mining (30 min)

• Introduction to data analytics, what itis and what it can do
• Introduction to process mining, what it is and what it can do
• How do data analytics and process mining relate to internal audit?

2. Data analytics in internal audit (1 hr)

• Challenges faced by internal audit
• Benefits and impact of data analytics in internal audit
• Why use data analytics within an internal audit function
• Applications of data analytics in internal audit
• Data analytics tools to be considered

3. Data analytics in internal audit framework (1 hr & 30 min)

• What to consider when adding data analytics in internal audit processes
• Deep dive into the data analytics in internal audit framework
• Options regarding how to structure the data analytics & internal audit functions

4. Process mining and internal audit (1 hr)

• Areas of internal audit that can be supported by process mining
• Impact of process mining on internal auditing
• Internal audit applications of process mining
• Conformance checking for compliance

5. Process mining (1 hr & 30 min)

• Process mining tools
• Extracting data and preparing event logs
• Process discovery, process conformance and process enhancement
• Identifying inefficiencies in processes
• Costs reductions and processes improvement

6. How is it all done? (30 min)

• Case examples of the application of data analytics in internal audit
• Case examples of process mining and the insights it reveals

7. What does the future hold? (30 min)

What are the next trends and what to look for in the next decade?

Important Note

Please note that since the daily numbers of COVID-19 cases in Cyprus are still considered high, KPMG Academy will keep offering its trainings online until further notice, to ensure the safety of its clients and personnel. In case of considerable decrease in COVID-19 cases in Cyprus and if the level of contamination through physical gatherings becomes relatively low, webinars will be converted to face-to-face seminars. If so, this training will be conducted on 11 November 2021 (from 9:00 to 16:45) instead of 10 & 11 November 2021 (from 9:00 to 12:45). Further information will be communicated to you in due course.