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Auditing and Governance Risk and Compliance

Data Analysis for Internal Auditing

This course equips internal auditors with essential data analysis skills to enhance audit effectiveness. Participants will learn to apply analytical techniques, interpret data patterns, and leverage tools for informed decision-making, ultimately improving compliance and risk management within their organisations.

5 days Classroom or live online English
Smart Horizon Certified - Global Leadership Consultants
Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Internal auditors face increasing demands for data-driven insights to support compliance and risk management. Understanding data analysis allows auditors to identify anomalies, trends, and areas of concern more effectively, leading to more informed audit conclusions. This course addresses the critical need for auditors to enhance their analytical capabilities in a data-rich environment, enabling them to make data-backed decisions that improve operational efficiency and compliance outcomes. By mastering data analysis, auditors can better assess risk, detect fraud, and provide actionable insights that contribute to the overall governance framework of their organisations.

Participants will engage in practical exercises that simulate real-world auditing scenarios, enabling them to apply data analysis techniques directly to their work. They will learn to use statistical tools to interpret complex data sets and develop visualisations that communicate findings effectively. By mastering these skills, auditors can improve their ability to assess financial integrity, operational efficiency, and regulatory compliance, thus adding significant value to their organisations. The course will empower auditors to integrate data analysis into their audit processes, ensuring that their findings are not only accurate but also relevant and impactful.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

  • Difficulty translating subject knowledge into practical workplace decisions.
  • Inconsistent approaches to the activities covered in the course outline.
  • Lack of a structured plan for applying and reviewing new skills.
Course methodology

How you will learn.

The course employs a blend of hands-on workshops, case studies, and practical exercises to reinforce learning. Participants will work with real datasets to conduct analyses using statistical tools and software, facilitating a deeper understanding of data interpretation. Exercises will include data cleaning, statistical analysis, and report generation, allowing participants to produce tangible outputs such as analytical reports and visualisations. This approach ensures that participants not only learn theoretical concepts but also gain practical experience that they can apply immediately in their auditing roles, enhancing their overall effectiveness and efficiency in data-driven audits. The focus on real-world applications solidifies their learning and prepares them for immediate implementation.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

  • Analyse data sets to identify trends and anomalies relevant to internal audits.
  • Evaluate the effectiveness of various data analysis tools in auditing processes.
  • Construct data visualisations that clearly communicate audit findings and insights to stakeholders.
  • Prioritise audit areas based on data-driven risk assessments and findings.
  • Justify the selection of specific analytical techniques for different audit scenarios and objectives.
  • Assess the impact of data integrity on audit conclusions and recommendations for improvement.
  • Develop actionable insights from data analysis to inform audit strategies and enhance compliance.
Target audience

Who should attend.

This course is suitable for:

  • Internal Auditors seeking to enhance their analytical skills.
  • Compliance Officers responsible for ensuring regulatory adherence.
  • Risk Managers focused on identifying and mitigating organisational risks.
  • Finance Professionals involved in internal audit processes.
Target competencies

Capabilities you will build.

Participants will develop competencies in:

  • Proficient in data analysis techniques applicable to auditing.
  • Skilled in using analytical tools and software for audit purposes.
  • Capable of interpreting complex data sets for audit insights.
  • Adept at communicating findings through data visualisations.
  • Experienced in conducting risk assessments based on data analysis.
  • Knowledgeable about data integrity and its implications for audits.
  • Competent in developing data-driven audit strategies.
Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Foundations of Data Analysis in Auditing

Applied activity: Participants will review a fictional audit case and identify potential data sources for analysis. They will discuss the relevance of each data type to the audit objectives and outline an initial data analysis plan, considering ethical implications.

Output: A preliminary data analysis plan outlining data sources and analysis objectives.

  1. 09:00–09:54Introduction to data analysis concepts relevant to auditing and its significance.
  2. 09:54–10:48Overview of key data analysis tools and software used in audits.
  3. 10:48–11:00Understanding different data types and sources applicable to audit contexts.
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Understanding different data types and sources applicable to audit contexts. (continued)
  6. 12:12–13:06The role of data analysis in enhancing audit effectiveness and compliance.
  7. 13:06–14:00Ethical considerations in data handling and analysis for auditors.

Day 2Data Collection and Preparation

Applied activity: Using provided datasets, participants will clean and prepare the data for analysis, addressing any identified quality issues. They will document their process and decisions made during data preparation, ensuring clarity and reproducibility.

Output: A cleaned dataset and a documented data preparation report.

  1. 09:00–09:54Techniques for effective data collection in audits, including sampling methods.
  2. 09:54–10:48Data cleaning and preparation methods for accurate analysis outcomes.
  3. 10:48–11:00Identifying and addressing data quality issues that may affect audits.
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Identifying and addressing data quality issues that may affect audits. (continued)
  6. 12:12–13:06Using software tools for data extraction, transformation, and manipulation.
  7. 13:06–14:00Documenting data preparation processes to maintain audit trails and transparency.

Day 3Descriptive Analytics and Reporting

Applied activity: Participants will analyse a cleaned dataset to create summary statistics and visualisations. They will prepare a brief report summarising their findings and insights relevant to the audit, focusing on clarity and impact.

Output: A descriptive analysis report with visualisations and key findings.

  1. 09:00–09:54Introduction to descriptive statistics and their application in audits for summarising data.
  2. 09:54–10:48Techniques for summarising and visualising data to highlight key findings.
  3. 10:48–11:00Creating effective audit reports based on descriptive analysis and insights.
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Creating effective audit reports based on descriptive analysis and insights. (continued)
  6. 12:12–13:06Interpreting summary statistics to inform audit findings and recommendations.
  7. 13:06–14:00Communicating results to stakeholders clearly and effectively through visual aids.

Day 4Advanced Data Analysis Techniques

Applied activity: Participants will apply regression analysis to a dataset to identify key predictors of audit risk. They will interpret the results and discuss their implications for the audit process, considering how to apply these insights.

Output: A report detailing regression analysis findings and their relevance to audit risk.

  1. 09:00–09:54Exploring inferential statistics for audit decision-making and hypothesis testing.
  2. 09:54–10:48Using regression analysis to identify relationships and predictors in data.
  3. 10:48–11:00Applying data mining techniques to uncover hidden patterns and trends.
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Applying data mining techniques to uncover hidden patterns and trends. (continued)
  6. 12:12–13:06Understanding the role of predictive analytics in enhancing audit effectiveness.
  7. 13:06–14:00Evaluating the effectiveness of advanced analytical methods in real-world scenarios.

Day 5Integrating Data Analysis into the Audit Process

Applied activity: In teams, participants will develop a comprehensive audit plan incorporating data analysis techniques learned throughout the course. They will present their plan, highlighting the role of data analysis in addressing audit objectives and improving outcomes.

Output: A comprehensive audit plan that integrates data analysis strategies.

  1. 09:00–09:54Developing a data-driven audit strategy that incorporates analytical techniques.
  2. 09:54–10:48Integrating data analysis findings into audit planning and execution phases.
  3. 10:48–11:00Using data analysis for continuous monitoring and improvement of audit processes.
  4. 11:00–11:30Coffee break
  5. 11:30–12:12Using data analysis for continuous monitoring and improvement of audit processes. (continued)
  6. 12:12–13:06Case studies of successful data-driven audits and lessons learned.
  7. 13:06–14:00Best practices for sustaining data analysis capabilities in auditing functions.

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Istanbul 16 Nov - 20 Nov 2026
Confirmed dates
£2,650.-Register
Online Live virtual classroom 16 Nov - 20 Nov 2026
Confirmed dates
£1,250.-Register
Rome 23 Nov - 27 Nov 2026
Confirmed dates
£2,450.-Register
Online Live virtual classroom 23 Nov - 27 Nov 2026
Confirmed dates
£1,250.-Register
Amsterdam 7 Dec - 11 Dec 2026
Confirmed dates
£2,540.-Register
Online Live virtual classroom 7 Dec - 11 Dec 2026
Confirmed dates
£1,250.-Register
Singapore 14 Dec - 18 Dec 2026
Confirmed dates
£2,820.-Register
Online Live virtual classroom 14 Dec - 18 Dec 2026
Confirmed dates
£1,250.-Register
London 4 Jan - 8 Jan 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 4 Jan - 8 Jan 2027
Confirmed dates
£1,250.-Register
Dubai 18 Jan - 22 Jan 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 18 Jan - 22 Jan 2027
Confirmed dates
£1,250.-Register
Frankfurt 1 Feb - 5 Feb 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 1 Feb - 5 Feb 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 15 Feb - 19 Feb 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 15 Feb - 19 Feb 2027
Confirmed dates
£1,250.-Register
Barcelona 22 Feb - 26 Feb 2027
Confirmed dates
£2,840.-Register
Online Live virtual classroom 22 Feb - 26 Feb 2027
Confirmed dates
£1,250.-Register
Paris 1 Mar - 5 Mar 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 1 Mar - 5 Mar 2027
Confirmed dates
£1,250.-Register
Istanbul 15 Mar - 19 Mar 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 15 Mar - 19 Mar 2027
Confirmed dates
£1,250.-Register
Amsterdam 5 Apr - 9 Apr 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 5 Apr - 9 Apr 2027
Confirmed dates
£1,250.-Register
Singapore 19 Apr - 23 Apr 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 19 Apr - 23 Apr 2027
Confirmed dates
£1,250.-Register
Cape Town 26 Apr - 30 Apr 2027
Confirmed dates
£1,890.-Register
Online Live virtual classroom 26 Apr - 30 Apr 2027
Confirmed dates
£1,250.-Register
London 3 May - 7 May 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 3 May - 7 May 2027
Confirmed dates
£1,250.-Register
Dubai 17 May - 21 May 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 17 May - 21 May 2027
Confirmed dates
£1,250.-Register
Frankfurt 7 Jun - 11 Jun 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 7 Jun - 11 Jun 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 21 Jun - 25 Jun 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 21 Jun - 25 Jun 2027
Confirmed dates
£1,250.-Register
Cape Town 28 Jun - 2 Jul 2027
Confirmed dates
£1,890.-Register
Online Live virtual classroom 28 Jun - 2 Jul 2027
Confirmed dates
£1,250.-Register
Paris 5 Jul - 9 Jul 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 5 Jul - 9 Jul 2027
Confirmed dates
£1,250.-Register
Istanbul 19 Jul - 23 Jul 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 19 Jul - 23 Jul 2027
Confirmed dates
£1,250.-Register
Amsterdam 2 Aug - 6 Aug 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 2 Aug - 6 Aug 2027
Confirmed dates
£1,250.-Register
Singapore 16 Aug - 20 Aug 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 16 Aug - 20 Aug 2027
Confirmed dates
£1,250.-Register
Vienna 30 Aug - 3 Sept 2027
Confirmed dates
£2,940.-Register
Online Live virtual classroom 30 Aug - 3 Sept 2027
Confirmed dates
£1,250.-Register
London 6 Sept - 10 Sept 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 6 Sept - 10 Sept 2027
Confirmed dates
£1,250.-Register
Dubai 20 Sept - 24 Sept 2027
Confirmed dates
£3,150.-Register
Online Live virtual classroom 20 Sept - 24 Sept 2027
Confirmed dates
£1,250.-Register
Frankfurt 4 Oct - 8 Oct 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 4 Oct - 8 Oct 2027
Confirmed dates
£1,250.-Register
Kuala Lumpur 18 Oct - 22 Oct 2027
Confirmed dates
£1,450.-Register
Online Live virtual classroom 18 Oct - 22 Oct 2027
Confirmed dates
£1,250.-Register
Paris 1 Nov - 5 Nov 2027
Confirmed dates
£2,860.-Register
Online Live virtual classroom 1 Nov - 5 Nov 2027
Confirmed dates
£1,250.-Register
Rome 8 Nov - 12 Nov 2027
Confirmed dates
£2,450.-Register
Online Live virtual classroom 8 Nov - 12 Nov 2027
Confirmed dates
£1,250.-Register
Istanbul 15 Nov - 19 Nov 2027
Confirmed dates
£2,650.-Register
Online Live virtual classroom 15 Nov - 19 Nov 2027
Confirmed dates
£1,250.-Register
Amsterdam 6 Dec - 10 Dec 2027
Confirmed dates
£2,540.-Register
Online Live virtual classroom 6 Dec - 10 Dec 2027
Confirmed dates
£1,250.-Register
Singapore 13 Dec - 17 Dec 2027
Confirmed dates
£2,820.-Register
Online Live virtual classroom 13 Dec - 17 Dec 2027
Confirmed dates
£1,250.-Register

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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