BOOK OF THE MONTH

Data Analytics: Elevating Internal Audit’s Value

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Imagine an organization where internal auditors identify both risks and opportunities from entire populations of data, transforming their function from compliance-focused to a valuable business partner. Internal auditors can and need to grasp this opportunity now.


This new book from The IIA Research Foundation and Grant Thornton highlights the struggle that CAEs have with harnessing data to create value. CAEs want and need to create an integrated, efficient approach to data analytics, but many don’t know how to begin. Surveying nearly 400 CAEs, audit directors, data analytics managers, and audit practitioners, the results cover a wide spectrum of concepts to help internal audit functions broaden risk coverage and enhance audit efficiency.


The book provides internal auditors with a data analytics framework to assess their current status and define future actions through a four-step process:

  • Envision how data analytics will work for the organization.
  • Evaluate current capabilities.
  • Enhance people, process, and technology.
  • Implement, monitor and evolve the process once in place.
 

Item No: 5074 / Member Price: $29.59 / Nonmember Price: $36.99
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Make sure to use promotion code CHAPTER and save 20% on this product
through April 30, 2016.

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