DA-106 CREATIVE VISUALIZATION WITH DATA ANALYTICS—HANDS-ON

DA-106 CREATIVE VISUALIZATION WITH DATA ANALYTICS—HANDS-ON

Description

Each day the world generates 2.5 quintillion bytes of data. Every organization is tracking and maintaining information they never had before. That is a lot of data, and organizational leaders expect us to make sense of it—and not only make sense of it, but also communicate it in a way that it makes sense to busy executives. How do we do that? We visualize it. With a single image, a complex idea can be explained instantly. A good chart, graph, or picture can explain at a glance what may take 5 to 10 pages of narrative to explain in a report.

 

This course teaches participants to present data analytics results visually with state-of-the-art graphics presentations. Participants will learn through hands-on techniques, real-world case studies and examples of success (and failures) within world-class programs. The class is intended to teach participants to enhance existing data analytics with data visualization.

Learning Objectives

  • Understanding the “what and why” of data visualization
  • Identifying areas of opportunity for creating visualizations
  • A path to creating successful visualizations
  • How data visualization will help an organization
  • Case studies to create successful visualizations

 

Course Outline

Overview of Data

Fundamental data analytics techniques

  • Duplicates | Matching | “Like” attributes
  • Gap testing | Compliance testing and verification
  • Red flag attributes
  • Data visualization – Definition | Examples | Guidance

Understanding Statistics

  • Quantitative relationships
  • Benford’s law
  • Reasonableness testing
  • Fuzzy logic

Picking the Visualization

  • Using pictures to tell the story
  • Choosing visualization formats
  • Visualization types – traditional bars and graphs to scatter plots, geographical maps, and 3D images
  • Not getting stuck on bar and line graphs
  • Exploring different formats and what formats to avoid

Visualization Will Help You

  • Change the way you understand data
  • No more looking at static information in a spreadsheet hunting for meaning in the data
  • Quickly analyze information to get your message across wordlessly
  • Automate continuous reporting
  • Reduce audit reporting preparation time
  • Answering questions on the fly in meetings – Audit Committees, Boards, Executives, External Audit

Case Studies and Exercises

  • Examples of messages that went wrong without visualizations
  • How visualizing results could have prevented misunderstandings
  • How visualizations can assist IA | One-page reports
  • Audit Committee visualization – Condensing what’s already been condensed
  • Creating audit-centric visualizations
  • Visualizing data quality
  • Using public data in visualizations
Duration

CPE

Delivery

Field

Level

Who Should Attend

 

 

Prerequisites

Advanced Preparation

2 Days

16

Group-Live

Auditing

Advanced

Internal auditor staff and management with data analytics experience; financial and operational management and staff with data analytics experience

Minimum of 2 years data analytics experience

None