myCPE
myCPE

Quantitative Analysis for Auditors: Introduction to Data Analysis 4 Credits

Quantitative Analysis for Auditors: Introduction to Data Analysis 4 Credits

  • Richard Cascarino

    CRMA, CIA, CISM, CFE
  • Rating

    4.2
  • Reviewed on

    March, 2024
  • Subject Area

    Auditing

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • To identify quantification, operational research, and models for data analysis
  • To recognize the importance of mathematical basics for audit data analysis
  • To explore analytical review procedures for analysis of audit data
  • To discuss regressions analysis as a key method for audit analysis
  • To recall linear programming and charting as a method to analyze audit data 
  • To explore the implementation of queuing, game theory, and simulations for audit data analysis
  • To discuss statistical sampling methods as a key input for audit data analysis

Course Overview

Every auditor tries to have quality audit findings. It means solid, fact-laden findings, accompanied by helpful, innovative auditor recommendations to help correct those findings, not only help by identifying significant shortfalls within the quality system, process or product but launch the corrective action process even before the audit report is written and distributed! 

In order to ensure that, it is required that the auditors use quantitative analysis methods. They can provide useful findings that have the potential to affect key areas such as product quality, reliability, safety, and more. Increased business understanding, better focus on risk, increased consistency across group audits, increased efficiency, easy data manipulation, increased chances of fraud detection, sharing useful information with clients, and chances of detecting certain types of fraud or the ability to identify inefficiencies and opportunities for a clients’ business – are some of the key benefits of implementing quantitative analysis in the audit process. In this Online CPE Auditing webinar, the speaker Richard Cascarino provides key methods that can be vital to the auditors for data analysis. 

This online CPE Auditing webinar covers the following Key Topics: 

  • Quantification, Operational Research, and Models
  • Mathematical Basics
  • Analytical Review Procedures
  • Regression Analysis
  • Linear Programming and Charting
  • Queuing, Game Theory, and Simulations
  • Stat Sampling

Richard has been providing internal audit, fraud audit, information security consultancy, risk management, and corporate governance consultancy for over three decades. He has a relevant practical approach in explaining key concepts. With his opinions and experience poured into the webinar course, the attendees will get key insight that can prove to be a long-term value.

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Add your qualification details to easily track your compliance. You can also add multiple qualifications for comprehensive coverage.

Additional Information

Credits

4

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.

About Instructor

Richard Cascarino
Richard Cascarino , CRMA, CIA, CISM, CFE

Founder, Richard Cascarino & Associates

  • 4.2
  • rating
  • rating
  • rating
  • rating
  • rating

Richard Cascarino has, for the last thirty-three years, been providing Internal Audit, Fraud Audit, IS Audit Consultancy, Risk Management and Corporate Governance consultancy as well as Professional Development services to clients throughout the United States of America, the African region,  Europe and the Middle East. These include Central Banks and Financial Institutions, some of the largest corporations, government departments, auditors general, and professional bodies in their respective countries.

He is also a visiting Lecturer at the University of the Witwatersrand, lead author of the book Internal Auditing - an Integrated Approach, published by Juta Publishing. In addition, he is the author of the Auditor's Guide to IT Auditing and Corporate Fraud and Internal Control: A Framework for Prevention" published by Wiley

Publishing He is also a contributor to QFINANCE – The Ultimate Resource published by Bloomsbury.

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.

Ratings and Review

out of 5

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1,824 ratings

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GS

Gabe Seng, Others

First CPE course, pretty good

SC

Sergio Castillo, CFE

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