By continuing to use our site, you consent to the processing of cookies, user data (location information, type and version of the OS, the type and version of the browser, the type of device and the resolution of its screen, the source of where the user came from, from which site or for what advertisement, language OS and Browser, which pages are opened and to which buttons the user presses, ip-address) for the purpose of site functioning, retargeting and statistical surveys and reviews. If you do not want your data to be processed, please leave the site.

IIA Canada National Conference 2019

Leveraging Data Analytics to Detect Fraud

Track: 1. IT Audit, Cyber Security, Fraud Session Monday, September 16, 2019 3:10 - 4:00 pm

Session Description

If robust data analytics programs existed 20 years ago, would Enron, WorldCom, or the countless other major corporate fraud scandals ever have reached the magnitude they did? Would they have occurred at all? All organizations are subject to fraud risk. Association of Certified Fraud Examiners (ACFE) studies show that an average of 5% of revenue is lost to internal fraud schemes. Utilizing effective data analytics as part of an organization’s fraud management program can reduce the fraud scheme’s average duration from 18 months to mere weeks, or in some cases, eliminate it. More importantly, a robust fraud data analytics program can be the strongest deterrent in an organization.

Why Emotional Intelligence and Critical Thinking are the Keys to Success in Audit

Track: 5. Leadership, Diversity & the Role of the Future Auditor Session
Tuesday, September 17, 2019 10:00 - 10:50 am

Session Description

Statistically, individuals with high levels of emotional intelligence (EQ) are more successful regardless of industry or role. And today’s expectations for the internal auditor absolutely require critical thinking. Fortunately, we can improve and increase both our EQ and critical thinking skills. This session intends to explain the basic concepts for both, why we need both in audit, and methods and techniques that can be immediately implemented to improve both. Critical Thinking skills enable auditors to understand complex issues, problem solve and understand the different points of view and perspectives of audit clients and business partners while Emotional Intelligence helps us remove common communication barriers and effectively get through to audit clients and colleagues.