Utilizing case study participants will learn the practical adaptation of data analytics in real time. Red Fern Trust Company has strategic goals for growth but has been revenue stagnant for three years. A team is assigned to determine if the business can meet the new strategic directions and what is required to do so. By using data analytics, the team shows management how the strategic plan must change in order to achieve goals. This webinar takes auditing or risk analysis to the next level and helps each individual near the goal of a trusted advisor.
05/17/2018 10:00 AMTraining Topic: Using Data Analytics to Change a Business ModelInstructor: Daniel Clark
Objectives of the Presentation
Designing tests for strategic plan auditing
Gathering the right data
Analyzing data individually
Learning to aggregate the right data together to find the right answers
Enhancing communication with Senior Management
Why Should you Attend
This webinar teaches the participant techniques in applying the use of data analytics to audit and risk challenges. More than just providing information, attendees will be able to provide senior management with data based recommendations that will either enhance, confirm or completely change a business model. Gather data and analyzing it are important, but so too is aggregating results and presenting recommendations in new and professional ways. This webinar helps that attendee do just that.
Designing strategic test plans
How to complete test work on controls
Linking disparate test together for higher impact
Creating meaningful recommendations
Reporting to Management so plans can change
Proving your point with data
Who will Benefit
Quality Assurance Staff
Risk Experts and regulators are promoting the enhanced use of data analytics. Many courses, classes, and webinars are available that discuss the fundamentals regarding the use of data in audit work and risk management. Every year more is expected and stakeholders are looking for more insight from control functions. Shareholders are looking for more value and executives want to have a cutting edge in the market place. Learning how to use data to present viable arguments that change strategic thinking is a winner across the board.