myCPE
myCPE

Elevating Internal Audit with Data Analytics: Strategies for Implementation and Growth 1 Credit

Feb 04, 2025, 02:30 PM ET

Elevating Internal Audit with Data Analytics: Strategies for Implementation and Growth 1 Credit

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Feb 04, 2025, 02:30 PM ET

Learning Objective

  • Discuss accessing a flexible template for establishing and expanding an internal audit data analytics function.
  • Gain insights from a real-world internal audit data analytics transformation case study.
  • Analyze valuable lessons from the journey of data analytics transformation.
  • Explore additional strategies for maximizing the potential of IA data analytics initiatives.

Course Overview

Internal Audit (IA) departments must prioritize establishing and expanding data analytic (DA) capabilities in today's data-rich landscape. Transitioning from a 'nice to have' to a 'must-have,' IA can leverage DA to deliver tangible value to organizations while solidifying its role as a trusted advisor to Boards and Management. 

The advances in data collection and storage, alongside the development of increasingly sophisticated data analysis techniques, have meant that an increasing number of internal audit functions have sought to build data analytics capability. 

However, implementing a successful data analytics capability is more than the technology you deploy and the data you collect.  Successful data analytics deployment requires a holistic change across the internal audit function, covering the development of internal auditor skills, adjustments to the internal audit operating model, and an overall change in the style and approach of how we audit.

Key topics covered:

  • Establishing Data Analytics (DA) in Internal Audit
  • Adjusting the Internal Audit Operating Model
  • Integrating Advanced Data Analysis Techniques
  • Scaling and Maturing Data Analytics in IA

Join this CPE Webinar. It offers a practical, hands-on framework for creating and scaling/maturing an IA DA function that directly applies to daily work.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1 CPE Approved
Auditing for CPA in Canada 1 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1 CPD Eligible
Chartered Accountant - ICAEW 1 CPD Eligible
Internal Audit function for Certification in Risk Management Assurance (CRMA) 1 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1 CPE Eligible
Chartered Accountants - Ireland (CAI) 1 CPD Eligible
Chartered Accountants - Scotland 1 CPD Eligible
CPA - Ireland 1 CPD Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1 CPE Approved
Auditing for CPA in Canada 1 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1 CPE Eligible
Auditing for Certified Fraud Examiner (CFE) 1 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1 CPE Eligible
Accounting & Auditing for Association of Chartered Certified Accountants (ACCA) 1 CPD Eligible
Accounting & Auditing for Chartered Accountant - ICAEW 1 CPD Eligible
Auditing for Certification in Risk Management Assurance (CRMA) 1 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1 CPD Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1 CPE Eligible
Accounting & Auditing for Chartered Accountants - Ireland (CAI) 1 CPD Eligible
Accounting & Auditing for Chartered Accountants - Scotland 1 CPD Eligible
Accounting & Auditing for CPA - Ireland 1 CPD Eligible

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

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About Instructor

Denise Cicchella
Denise Cicchella

Founder & CEO, Auspicium

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Denise Cicchella is a seasoned expert in audit and compliance, boasting over two decades of experience in the industry. As a Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE), she has a distinguished track record of enhancing organizational integrity and efficiency through meticulous financial oversight and strategic risk management. Denise’s expertise spans various sectors, including healthcare, manufacturing, and finance, where she has consistently demonstrated her ability to uncover and mitigate fraud, optimize internal controls, and drive compliance initiatives.  

Denise is a published author and has written four books on internal audit and project management.  They are:

  • Construction Audit Guide:  Overview, Monitoring and Auditing
  • Effective Auditing for Corporates
  • Essentials of Construction Management and
  • Construction Audit Building a Solid Foundation.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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HS

Hughes Semu, CRTP
5

Great presentation with practical examples of how Data analytics can increase efficiency and uncover fraud

SC

Simone Campanelli, CIA
5

very interesting

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