Implementing Analytics to deliver Internal Audit

“I do not believe you can do today’s job with yesterday’s methods and be in business tomorrow,” Nelson Jackson, automobile pioneer The availability of large volumes of data is changing the way organizations look at most of their business processes and functions. In the context of internal audit (IA) also, new ways are coming up … More Implementing Analytics to deliver Internal Audit

Analytics — an option or a necessity?

“Everything is connected to everything else — if only indirectly — and this is reflected in data.” – Eric Siegel, Writer Have you wondered how the super cyclone that wrought havoc in Orissa in 1999 was different from HudHud, which recently hit coastal Andhra Pradesh? Officially recorded casualties caused by HudHud were 100, compared to … More Analytics — an option or a necessity?

Internal Audit : Harnessing the power of analytics

Heard of the famous quote “In God we trust, all others must bring data” by William Edwards Deming? Today is a data driven world. Organizations across the world are accumulating large volumes of data over the years, which can be used effectively  to derive business insights. The power of analytics has transformed the way we … More Internal Audit : Harnessing the power of analytics

How do analytics affect business decision making?

Analytics- the key business metric holds the power to transform important business decisions.  In this blog post, Manoj Jha, Associate Director-IT Advisory Services shares his thoughts on corporates focusing increasingly on the use of analytics for developing better insights and drawing future business charts Analytics is the discovery and communication of meaningful patterns in data. As a topic … More How do analytics affect business decision making?