(See the chart “Top Technology Roadblocks for Auditors,” below.) How can firms clear barriers to incorporating data analytics and data visualization into their audit processes? Here are some ...

They are able to discover and analyze patterns, identify anomalies and extract other useful information from audit data through analysis, modeling and visualization (graphs, charts). For example ...

In particular, using audit analytics software can help your audit function create data visualizations, such as charts and graphs, that clearly communicate audit findings and without data analytics ...

Data is often compiled in a raw form (tables, graphs, log files ... Organizations should also conduct an audit of analytics-critical capabilities, including: the ability to measure performance ...

Despite this, these firms increasingly recognize the importance of information in delivering quality audit services, lowering costs and remaining competitive. By leveraging data analytics, these firms ...

helping organizations gain insights and derive actionable intelligence from their data ecosystems. Download this special report to dive into how knowledge graphs are empowering data analytics and AI ...

Based on a survey of 298 internal audit executives in Ireland and the UK, the CIIA report indicates that a third of organisations are yet to adopt any data analytics functions for internal audits.

These factors make connecting different types of data in meaningful ways increasingly difficult. Knowledge graphs have surged in mainstream use as a powerful tool for integrating data, mapping ...