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6 Nov 2017 No Comments

Don’t make me read your code

Tom Larsen blogs about the more technical aspects of audit analytics using ACL software. In his latest post he discussed some of the things that annoy him about trying to […]

6 Nov 2017 No Comments

Are you a Jurassic auditor?

Richard Chambers, President and CEO of The IIA shares some of his thoughts about the roles of Internal Audit. ​Every profession evolves as the body of knowledge expands and new […]

29 Sep 2017 No Comments

Data Analytics: From Raw Data to Valuable Insights in Healthcare

Numbers. It’s all in the numbers. As of 2017, the amount of information is growing much more rapidly than our understanding of what to do with it, or our ability […]

29 Sep 2017 No Comments

The four types of data analytics

Simplistically, analytics can be divided into four key categories. We cover the basics of these four categories that are often found in data science. 1. Descriptive: What is happening? This is […]

4 Sep 2017 No Comments

Machine learning and predictive analytics explained

“Any sufficiently advanced technology is indistinguishable from magic.” Arthur C. Clarke The concept of Big Data is here to stay. Furthermore, as technology advances and computing power and computing speed […]

4 Sep 2017 No Comments

How machine data supports GDPR compliance

In 2012, the European Commission proposed a comprehensive reform of European Data Protection Directive 95/46/EC, which established a set of data protection principles that each member state adopted into local law, resulting in a […]

1 Aug 2017 No Comments

Technology deficiencies in the Three Lines of Defence

Since the emergence of Sarbanes-Oxley (SOX), the use of technology in processes related to risks and controls has truly started to take meaningful shape in many organisations. However, when looking […]

1 Aug 2017 No Comments

Is R the Next Generation Programming Language for Big Data?

R has been a fairly popular programming language for nearly 25 years, but it never gained as much traction as C and its predecessors. Despite all its benefits, big data […]

5 Jul 2017 No Comments

Visual and Text Analytics – The Next Step in Auditing and Accounting

Data analytic software designed to assist audit professionals in detecting material mis-statements and fraud has dramatically improved its capabilities in recent years. Growing numbers of practices have invested substantial resources […]

14 Jun 2017 No Comments

How Internal Auditors Can Gain Data Analytics Experience

Internal auditors with data analytics experience are becoming the rock stars of the profession… not only are they in high demand among leading companies and can earn a premium over […]