In our audits and compliance reviews, we know random sampling simply doesn't provide a reliable result. In this session, we explore real-life examples of the value of these analyses and how all auditors, not just the data specialists, can surface strange, odd, and curious transactions and events in large data files.
Learning Objectives
- Build Three-Step Detection into audits, compliance reviews or any management initiative
- Explore the secret sauce of asking three 'Hey Boss!' questions during project brainstorming
- Convert "What Can Go Wrong?" to "How Do We Find It?" through data analysis tools
- Understand the limitations of random and statistical sampling – and how 100% data testing is an efficient effective alternative
- Accelerate your testing results reliability and quality
- Build your own 'I Must!' list from action steps presented in this program