KnowledgeLeader Blog

Data Analytics and the Audit Process

Posted by Lark Scheierman on Mon, Apr 10, 2017 @ 09:08 AM

Internal audit has started the journey toward enabling analytics in audit processes, but there’s a long road ahead. The key findings from Protiviti’s 2017 Internal Audit Capabilities and Needs Survey explain why. In a digital world, now is the time for internal audit functions to embrace analytics. This is the most significant takeaway from this 2017 survey, the results of which show that chief audit executives (CAEs) and internal audit professionals increasingly are leveraging analytics in the audit process, as well as for a host of continuous auditing and monitoring activities.

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Topics: internal audit, continuous auditing, data analytics

How Data Analytics Can Help You Audit Vendors and Contractors

Posted by Sharise Cruz on Mon, Mar 18, 2013 @ 09:16 AM

In a recent KnowledgeLeader article, Paul Pettit, Director for Protiviti's Capital Projects and Contracts practice in Houston, Texas, explained how auditors can use data analytics to avoid the massive waste spending that often goes hand-in-hand with hiring outside vendors and contractors.

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Topics: human resources, continuous auditing, data mining, analytics, vendors, contractors, labor charges, expense reporting

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