Advancing Audits Using Data Analytics
August 18, 2020
1:00–2:00 p.m. ET
Data analytics is a buzz word that has existed in the halls and conference rooms of internal audit departments for several years. However, how often do you see it practically applied in a way that improves your audit approach? This webinar will dive deeper into the benefits, challenges, and effective approaches Crowe has identified throughout our internal audit transformation process. This includes a detailed look at the diagnostics we use that offer the opportunity to better plan and execute audits using data.
- Define data analytics within internal audit.
- Identify the potential value of integrating data into your audit approach.
- Examine common challenges of integrating data into your audit approach.
- Learn the approach to developing analytics for an audit area.
- Connect specific audit procedures to specific analytics.
Course Duration: 1 hour
CPEs Available: 1
Knowledge Level: Basic
Field of Study: TBD by The IIA
Advance Preparation: None
Delivery Method: Group Internet Based
Ryan C. Luttenton, CIA, CPAs
Partner, Crowe LLP
Ryan Luttenton works with Crowe LLP’s Financial Services Consulting practice clients on risk management initiatives including delivering internal audit services. Beyond providing internal audit services, Luttenton challenges the way in which internal audit work is performed, from conducting risk assessments to the delivery of results to clients, to assure internal audit continues to add organizational value in its delivery of service. This means challenging the status quo and incorporating creative elements into how internal auditors think about their work, not for the sake of it, but to improve the work and enhance an organization’s results because of it. Luttenton devotes time and energy to find opportunities that will drive the efficient and effective execution of internal audit services. One of those opportunities is learning how to crack the data code, unraveling the challenges internal auditors face around data analytics. His mission is to enhance the auditor’s ability to do more with data and supporting the decisions made using it.
Matthew G. Davis, CIA
Senior Manager, Crowe LLPL
Matt Davis manages internal audit engagements, oversees the strategy and testing of Sarbanes-Oxley and FDICIA control environments, designs and leads data analysis projects, and guides clients on a wide range of risk related issues for Crowe LLP’s Financial Services Consulting practice. He is a frequent speaker to industry groups and professional associations, presenting on a wide range of financial services industry topics, including serving as speaker and co-host of an internal audit seminar offered through multiple state banking associations. Davis’ client experience ranges from small de novo banks to large multibillion dollar financial institutions. He is trained in Lean Six Sigma.
Russell W. Dailey II, CPA, CAMS
Senior Manager, Crowe LLP
Russell Dailey developed his expertise in serving clients primarily in the financial institutions industry across multiple areas of audit and consulting. Within the financial services auditing space, this includes asset liability management, liquidity stress testing, model risk management program assessments, Sarbanes-Oxley 404 internal controls audits, BSA audits, as well as assisting two of the country’s largest mortgage servicers in achieving compliance with national legal settlement agreements. Within the consulting services space, Dailey works on the development of enterprise customer due diligence programs, the development of corporate AML/BSA polices, as well as more nuanced efforts such as suspicious activity alert reviews and investigations.