Explore every episode of the podcast Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data
Dive into the complete episode list for Auditing with data: for Performance Auditors and Internal Auditors that use (or want to use) data. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.
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1–50 of 59
Title
Pub. Date
Duration
58. The final episode
27 Aug 2024
00:44:11
This is the final episode of this podcast. It includes:
an explanation - why the podcast is coming to a close.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
57. Michael Drechnowicz, Head of Internal Audit, TK Elevator
13 Dec 2023
00:35:06
Embracing Internal Audit Evolution: A Conversation with Michael Drechnowicz, Head of Internal Audit at TK Elevator
In this episode, Michael shares his insights on the evolution of IA in his role as Head of Internal Audit with a major player in the global elevator and escalator industry.
His work demonstrates a shift from traditional finance-focus towards extensive business process coverage, ranging from sales to purchasing and fraud investigations.
We discuss the increasing importance of diversity in global audit teams and how technology, particularly Artificial Intelligence (AI) and data analytics, are transforming internal audit processes.
The conversation further touches on AI's importance in identifying and managing risks, improving process efficiency, and augmenting the learning experiences of junior auditors.
Looking ahead, Michael sees a promising and dynamic future for internal auditors amidst rapid digital transformation.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
48. Performance Audit Mini-Series #1 Forward Work Planning
18 Aug 2021
00:17:59
This is the first of a series of episodes that focus on performance auditing.
In this episode, we discuss strategic audit planning (a.k.a. forward work planning).
For internal auditors, this is similar to annual (or equivalent) audit planning.
Understanding your community / public expectations
Understanding your elected body / parliamentarians
Understanding the entities within your audit office's jurisdiction
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
47. Three practical ways to fast-track the data cleansing process
01 Aug 2021
00:09:41
In this episode we discuss three simple ways to improve the data cleansing process - easier, faster and higher quality.
Find the optimal data source (e.g., don't use a poorly structured dataset)
Cleanse iteratively - you may not need all of the fields/columns
Import iteratively - start with a subset of the data and build on that as needed
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
46. Combining data to create risk indicators for audits and risk monitoring/exploration
18 Jul 2021
00:14:52
In this episode we discuss the use of risk/performance indicators.
These can be used by audit teams, risk teams and integrity agencies.
For audit teams, they are useful throughout the audit lifecycle - planning / risk assessment, fieldwork / conduct and reporting.
We explore why they are useful, what to do and briefly how to get started.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
45. How ANAO uses data in performance audits - with Xiaoyan Lu and Christine Chalmers
20 Jun 2021
00:19:34
Christine (performance audit) and Xiaoyan (data analytics) are Directors with ANAO, the Australian National Audit Office.
The five ways ANAO uses data in its performance audits
How performance audit teams work with the central data team
Challenges with data preparation
The benefits of a strong focus on data quality
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
44. ESG and Sustainable Investing with Tiina Landau
06 Jun 2021
00:28:36
Tiina Landau is an internationally recognized sustainability expert and Certified European Financial Analyst (CEFA). She currently works as Sustainability Manager at Neste Corporation, embedding sustainability considerations into new business models and supply chains.
She has extensive experience as a speaker in media and seminars and also writes a column in the Finnish financial newspaper Kauppalehti.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
43. Microsoft 365 Compliance with Erica Toelle
23 May 2021
00:24:59
Erica Toelle is a senior product marketing manager on the Microsoft compliance product team, with focus on information governance and records management.
Erica is a long-time member of the SharePoint and Microsoft 365 community, a former Microsoft MVP, a published author, and a recognized expert in the information governance area.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
42. Michael DeCero, a Data Professional at TDS with an Internal Audit background
09 May 2021
00:25:58
Michael DeCero is an Internal Audit Analytics Manager at TDS, a telecommunications company.
In this episode, Michael explains how he helps his audit team use data.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
41. Steve Rummel, Senior IA Analytics Manager at CVS Health
25 Apr 2021
00:34:35
Steve Rummel is a Senior Internal Audit Analytics Manager at CVS Health.
In this episode, Steve explains how he helps his audit team use data.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
40. A CIO/CRO perspective on risk, security and internal audit with Ari Levien
12 Apr 2021
00:25:54
Ari Levien is an experienced Chief Information Officer who has also played the role of Chief Risk Officer.
In this episode we discuss how a CIO (with an understanding of risk) thinks about security and risk. We also discuss his views of Internal Audit and what good looks like for IA.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
39. Four Quality Assurance Steps - Data in Audit
28 Mar 2021
00:10:35
In using data for audits, quality assurance of our work is important.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
56. Cathy O'Neil, Algorithm Auditor, Author of WMathD
28 Feb 2023
00:44:06
Our guest is Cathy O'Neil, author of Weapons of Math Destruction: how big data increases inequality and threatens democracy.
Cathy joined us todiscuss critical aspects for auditors to consider, including:
The human element: why understanding 'for whom an algorithm might fail' is more important than the detailed technical design of an algorithm.
Algorithm testing: the importance of post-deployment testing to ensure there are no unintended adverse outcomes.
Setting standards: the need for industry-wide standards so that regulators can ensure there is no bias or discrimination in how algorithms operate.
Laggers and leaders: the four big industries/domains using algorithms that need to step up audit in their space and how law-makers and regulators are catching up.
Emerging AI, e.g. language models/chatbots - why trust by users is key, and the pros and cons of using these models.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
38. Why We Should Spend Time Preparing Our Data and Checking Quality
14 Mar 2021
00:13:00
In this episode, we discuss FIVE major benefits of investing our time in preparing our data and checking its quality.
These include, in reverse order of importance:
1. Exploration during data prep to understand the data
2. Ensure the data is in the right format for analysis
3. Save time by avoiding incorrect conclusions
4. Confidence in the analysis and result
5. Identify important data related improvement opportunities
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
37. Using data in performance audit with Gemma Diamond and Morag Campsie (Audit Scotland)
28 Feb 2021
00:36:05
Morag (Senior Manager) and Gemma (Director) are Performance Auditors with Audit Scotland.
In this episode we discuss how they are using data in their audits, their experience in developing Audit Scotland's data capabilities, collaboration with other audit offices and what the future roadmap looks like.
We also discuss their focus on ensuring their reports meet their audience’s needs, and how data visualisations and charts are being used to communicate key messages.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
36. Why the audit objective should drive our use of data
14 Feb 2021
00:20:21
In this episode, we discuss why it is important to focus on our audit objective when using data analysis in our audit.
We explore:
Why a focus on the objective helps us measure success
Why we should avoid rules based analysis
How a focus on the objective helps us stay true to our audit mandate
Cost benefit analysis when we find things that are not related to the audit
Why a focus on the objective helps us in reporting on data quality or missing data
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
35. Stephen McAteer, Performance Audit Data Scientist at VAGO
31 Jan 2021
00:33:07
Stephen leads the data science team within Performance Audit at VAGO, the Victorian Auditor General's Office. We discuss:
What VAGO does
Stephen's approach to helping auditors use data
Why it's important for all performance auditors to have data skills
How VAGO has used open data to improve transparency
VAGO Audit Report – Council Librarieswhich uses Data Envelopment Analysis (DEA) to evaluate efficiency (www.audit.vic.gov.au/report/council-libraries)
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
34. Taka Ariga, GAO's Chief Data Scientist & Innovation Lab Director
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
33. Ten common areas to focus on when using data for audits
10 Jan 2021
00:14:59
In this episode, we discuss 10 of the more common areas of focus in using data for audits.
Get over the fear of using data
Focus on the objective and develop the hypotheses
Check for previous work, to avoid duplication
Source the data – internal and open
Prepare the data and check quality
Perform the analysis, prove/disprove the hypotheses
Conduct QA and business validation
Report and visualize
Share for potential reuse (audit team, management, other agencies)
Lessons learnt: governance, quality of data, timing, process, etc.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
32. Data visualization with Alli Torban
03 Jan 2021
00:35:25
Note: This is a guest interview.
Alli is an information design consultant and host of the Data Viz Today podcast. We talk about a range of data visualization matters, including 3 key mistakes that people make when starting out in dataviz (and solutions to those).
You can reach out to Alli via her website (www.allitorban.com).
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
31. Wrapping 2020 Up - learnings, listener feedback, what's coming in 2021
13 Dec 2020
00:13:31
In this episode we wrap up, talking about:
a few things we've learned this year
feedback - what people found valuable
feedback - what people want to hear more about
some of the tech/software used to produce this podcast
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
30. John Moore - CTO of Queensland Audit Office
06 Dec 2020
00:19:32
Note: This is a guest interview.
John talks to us about what audit offices (a.k.a. supreme audit institutions) do and the role of the CTO in an audit focused organization.
He shares his views on a range of issues including:
His positive experience with their (outsourced) internal auditors
How he supports an audit focused organization
Cyber and data governance frameworks; evolving IT practices that auditors need to keep a close eye on.
John is open to connecting with like-minded professionals. You can reach out to him on LinkedIn.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
29. Machine Learning Assurance with Andrew Clark - CTO of Monitaur
29 Nov 2020
00:28:59
Note: This is a guest interview.
Andrew talks to us about machine learning (ML) and what auditors should consider regarding ML assurance.
You can reach out to Andrew via the Monitaur website.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
55. Data Science and KNIME with Maarit Widmann
21 Mar 2022
00:20:36
Maarit Widmann is a data scientist at KNIME (www.knime.com) In this episode, we discuss:
What KNIME is
Why the visual programming paradigm (workflows, rather than code) is appealing to both technical and non-technical professionals
The most challenging aspects of the data science lifecycle, and what auditors should be aware of
The most important aspects of the data science lifecycle
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
28. David Haylor - specialist Internal Audit search and selection
22 Nov 2020
00:28:51
Note: This is a guest interview.
David talks to us about IAC's latest report, the Talent Barometer and the upcoming Diversity report.
He shares his views on a range of issues including:
Data skill gaps
Leadership skill gaps
Why culture is important
David is open to connecting with Internal Auditors. You can reach out to him on LinkedIn.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
27. Improve reporting by answering these questions about your audience
15 Nov 2020
00:14:59
In this episode we discuss how answering a few simple questions about your audience can improve your audit reporting.
These help make several report areas better:
Scope and title
Context
Findings / Improvement opps
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
26. Carlos Phoenix on cyber and audit
08 Nov 2020
00:29:58
Note: This is a guest interview.
Carlos talks to us about what auditors should consider regarding cyber security and information security.
He shares his views on a range of issues including:
Cyber security
How cyber security and information security differ
What auditors should focus on in planning and conducting cyber audits
Carlos is open to connecting with like-minded professionals. You can reach out to him on LinkedIn.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
25. An introduction to Yusuf Moolla
01 Nov 2020
00:11:07
In this episode we learn a bit about Yusuf, one of the co-hosts of the show. He explains what he considers to be the highlights of his career.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
24. Discovery exercises can help de-risk internal audits and performance audits
18 Oct 2020
00:20:09
In this episode we discuss why discovery exercises are becoming very useful for audits. They help de-risk the conduct of audits, and the three main scenarios we use them for:
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
23. Maximize the benefits of using data within audit
04 Oct 2020
00:23:25
In this episode we explore Principle 3 - Maximize the Benefits of the use of data within Internal Audit and Performance Audit.
Sub-principles 3a: Sharing lessons amongst the team. 3b: Identifying other risks and opportunities. 3c: Continuous improvement.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
22. Josam Watson - CRO of Tyme and ex-CAE
27 Sep 2020
00:39:06
Note: This is a guest interview.
Josam Watson is the CRO of Tyme, a digital banking group that owns one of the world’s fastest growing digital banks.
He was previously Chief Audit Executive of a large credit union. Before that, he spent time in internal audit, risk consulting, external audit and in banking operations.
Josam talks to us about what he has learned working in various international markets.
He shares his views on a range of issues including:
internal audit independence (spoiler: he thinks it is overplayed)
how internal audit and risk functions have the same focus
exerting influence in a positive way over organisational culture
Internal audit creating value – by focusing on both performance and conformance
why every auditor should have a data mindset, to find and solve business problems.
Josam enjoys networking with risk and assurance professionals. You can reach out to him on LinkedIn.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
21. Four ways to approach the use of data for internal audits and performance audits
20 Sep 2020
00:31:19
In this episode we discuss four (4) approaches to using data for internal audits and performance audits:
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
20. Data related terminology that is commonly misused
06 Sep 2020
00:27:03
In this episode we discuss six (6) sets of words and phrases that are commonly misused.
Using data vs analytics
Algorithm vs model
Data owner vs data "custodian"
AI vs machine learning
Open source vs open data
Big data vs big data
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
19. An introduction to Conor McGarrity
23 Aug 2020
00:11:49
In this episode we learn a bit about Conor, one of the co-hosts of the show. He explains what inspires him to promote the use of data for integrity and assurance.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
54. Analysis
24 Jan 2022
00:19:17
In this episode we discuss the use of the word "analysis" in the context of using data for audits. This is an attempt to define the "analysis phase" - or stop using it as the name of a phase - so that we can better structure our work.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
18. Why auditors are moving away from traditional audit software
09 Aug 2020
00:16:29
In this episode we explain why auditors are looking for alternatives to traditional audit management software and audit analytics software.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
17. What auditors need to know about using and auditing Artificial Intelligence
26 Jul 2020
00:18:00
In this episode we discuss a few key matters that auditors need to know relating to the use of AI and auditing AI.
3 key objectives:
Bias and ethics.
Providing sound decision making support.
Maximizing the opportunities.
3 key considerations:
Model accuracy.
The quality of data.
Deploying, controlling, security and change.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
16. The power of small data for audits: 5 ways to extract value
12 Jul 2020
00:16:44
In this episode we explore five ideas for working with small datasets as part of internal audits or performance audits.
Extend the timeframe
Combine with proprietary data
Combine with open data
Scenario analysis
Natural language processing (free text)
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
15. Using data for audit efficiency outcomes
28 Jun 2020
00:16:43
In this episode we discuss how using data enables audit efficiency outcomes.
That is, if we think outside of the audit bubble and consider the broader organizational context (in the case of internal audit) or broader public sector context (in the case of performance audit), then using data for our audits can help improve efficiency.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
14. How auditors need to think about Data Governance
14 Jun 2020
00:20:39
In this episode we discuss:
3 perspectives that auditors should consider regarding data governance, and
3 considerations for auditors in implementing data governance within their functions/teams.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
13. Open Data for internal audit and performance audit
31 May 2020
00:24:19
In this episode we discuss the use of Open Data for internal audit and performance audit.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
12. Open Source software for internal audit and performance audit
17 May 2020
00:18:54
In this episode we discuss the use of open source software for internal audit and performance audit.
We bust 3 common open source myths:
Security - that open source is less secure
Skills - that open source software has smaller talent pools
Quality - that open source has lower quality.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
11. Evaluating and using customer feedback and complaints data for audits
03 May 2020
00:17:26
In this episode we discuss the evaluation of customer feedback/complaints and the use of customer feedback data, within internal audit and performance audit.
This includes:
Auditing the customer feedback process
Using the customer feedback content (data/information)
Using customer feedback data for deeper, more effective, audit analytics.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
10. Reporting (& timing) - solutions to #5 of the 5 most commonly cited data in audit challenges
30 Apr 2020
00:12:54
This is part 6 of a 6-part series. In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 5th challenge - reporting (and timing).
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
9. Superficiality - solutions to #4 of the 5 most commonly cited data in audit challenges
29 Apr 2020
00:11:15
This is part 5 of a 6-part series. In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 4th challenge - superficiality.
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
53. The Data-Confident Internal Auditor
12 Dec 2021
00:23:49
This episode is a pre-recorded interview with Benji Block for the Author Hour podcast. We discuss our new book, The Data-Confident Internal Auditor.
For internal auditors, developing trends in data analysis and data science can feel less like a wealth of information and more like an avalanche. Still, better use of data provides an opportunity to advance your career by adopting new invaluable skills.
The missing link: jargon-free guidance that cuts through the hype. The Data-Confident Internal Auditor demystifies the use of data in internal audits through practical step-by-step guidance. With concepts and tools that are easy to understand and apply, this comprehensive guide shows you how to approach data yourself without having to wait on a data scientist or a technical expert.
Developed over the course of hundreds of actual audits, these real-world approaches and practices are distilled into a simple sequence of steps that will leave you feeling confident and even eager to apply them for yourself.
The original episode on Author Hour (https://authorhour.co/the-data-confident-internal-auditor-yusuf-moolla-conor-mcgarrity/)
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
8. False positives - solutions to #3 of the 5 most commonly cited data in audit challenges
28 Apr 2020
00:13:22
This is part 4 of a 6-part series. In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 3rd challenge - false positives.
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
7. Low value - solutions to #2 of the 5 most commonly cited data in audit challenges
27 Apr 2020
00:11:16
This is part 3 of a 6-part series. In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 2nd challenge - low value.
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
6. Access to data - solutions to #1 of the 5 most commonly cited data in audit challenges
26 Apr 2020
00:17:43
This is part 2 of a 6-part series. In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 1st challenge - access to data.
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).
5. The five most commonly cited challenges when using data for audits (Part 1)
19 Apr 2020
00:19:16
In this episode we discuss five key challenges that assurance professionals - internal auditors and performance auditors - face in using data for audits. This is part 1 - outlining the challenges. In parts 2 to 6, we will discuss solutions to each challenge individually.
The five items are:
Access to data - you can't get all the data, or you can't get it quickly enough.
Low value - the analysis doesn't provide new insights.
False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast The podcast for performance auditors and internal auditors that use (or want to use) data. Hosted by Conor McGarrity and Yusuf Moolla. Produced by Risk Insights (riskinsights.com.au).