Process-Integrated Data Analyses
– custom-tailored defined data analyses parallel to audit-specific procedural patterns –
Among the requirements with regard to economical, efficient and risk-oriented auditing, risk-oriented data-analysis methods can be implemented in a foresighted and process-integrated manner along the added-value internal auditing chain. This facilitates a stabilization of the audit’s success at a high level and enables its substantiation by means of quantitative evidence.
Following an analysis of the audit-specific added-value chain, ARC integrates the risk-oriented data analyses within the client’s respective sub-processes with regard to audit preparation, its performance and concluding tasks. At the same time, the consultancy team employs the results already generated from the second development stage of ARC’s audit data analysis capability maturity model integration (CMMI) process-improvement approach. This enables achievement of the third degree of audit maturity in the form of a process-integrated defined-audit data analysis.
ARC provides support in conducting individual audit examinations as well – enabling its clients to concentrate fully on performance of the essential audit assignment. At the same time, the ARC team’s priority, together with its clients, is to formulate analytic examination steps that can be implemented repeatedly in various audit environments and thus achieve a high degree of utilization. Especially with regard to decentralized location audits of subsidiaries, branches or foreign holdings, the client is able to attain a high degree of comparability within the company for presentation to executive management as the audit report’s addressee. Likewise, focused data analyses enable the client to save operative audit time. Namely, this method enables the audit team to target specific topic areas and individual incidents instead of searching repeatedly for a proverbial needle in the haystack.
- Analysis of the audit function’s added-value chain
- Synchronization of time sequences for conducting risk-oriented data analyses parallel to audit sub-processes
- Structure of process-integrated data analyses according to ARC’s audit data analysis CMMI approach
- Formulation of defined standard audit scenarios
- Advanced functions and procedures in data analysis
- Methods of results preparation and presentation
- Integration of analyses within a macro container
- Support regarding integration and implementation of a company-tailored solution
- Detailed implementation options for practical application by course participants
About the ARC Institute
With the Audit Research Center, the ARC Institute provides important impulses for the further development of the audit industry. The focus is on networking science and practice. The focus is on further and new development in cooperation with auditors, companies and associations in order to maintain practical relevance and to develop methods, tools and concepts that can be implemented. The results developed in dialogue with industry experts serve as a guideline and adaptation options in practice today, in order to increase the overall benefit of the company in the long term and sustainably with innovative auditing work.
In the spirit of thought leadership, the ARC Institute and the Audit Research Center stand for topic leadership and forward thinking in the area of internal auditing.
Currently, the ARC Institute supports not only leading supranational institutions in the context of research, consulting and personnel development projects, but also numerous listed companies in the three German-speaking countries of Germany, Austria and Switzerland.
Terms of participation and price
Each open training day is 890,- Euro plus VAT when booking the modules individually. Inhouse training conditions are based on individual pricing and travel expenses. After receipt of your registration you will receive a confirmation of registration with invoice. Please pay the registration fee directly after receiving the invoice. The registration fee does not include 19 % VAT. The price includes participation in the lectures of the booked event, lunch, coffee breaks and seminar documents.
At a glance
Employees and managerial staff from the internal audit function
Interactive presentation, discussion, group projects, practical exercises, case studies, retrospective summary
Training / Training / Consulting period:
Bookings are based on an audit-situation analysis as well as a personal preliminary meeting (workshops generally cover 2 days of instruction, audit performance/support determined by circumstances).
Would you like more details about ARC’s Audit Training & Consulting Services, or do you wish to book an appointment with its team? Please address your e-mail inquiry to Info@ARC-Institute.com or phone us at +49-2159-6945-904