Webinar series: Accelerating time to insights with data analytics

December 16, 2016

CaseWare Analytics is happy to share with you a recent webinar series we hosted with presenter Scott Jones, CIA, CRMA at Elbit Systems of America. This three-part series, called ‘Accelerating time to insights with data analytics’, sees Scott demonstrating some of the key capabilities of CaseWare IDEA Data Analysis software and offering practical tips for using data analytics to quickly reveal insights. Here is a brief rundown of what Scott covered in each part of the series:

Part 1: Discover your data

In the first installment of the series, Scott sets out the advantages of using data analytics in an audit, focusing on why analyzing an entire data population is preferable to random sampling. Viewers are shown how to use some of IDEA’s simple operations to perform complex analyses. Scott then leads us through how to take the first steps of an audit project: importing files, comparing them to the source data to ensure the import was accurate and complete, and creating and adjusting a dashboard filled with data visualizations.

Part 2: Using audit-specific tasks

Next Scott delves into the audit-specific tasks included in IDEA, including duplicate key detection, summarization, fuzzy logic, and join. Through actual demonstrations of each function, he provides tips and guidance for using the tools effectively during an audit.

Part 3: Creating and using custom scripts

In the conclusion of the webinar series, Scott covers more advanced features of IDEA as well as the tests that are pre-programmed into SmartAnalyzer, an IDEA add on. He provides information on other useful unit operations—such as append databases, top records, Benford’s Law and sampling—that can be used to drill down into the data. Viewers are also walked through the History and Project Overview features within IDEA and how to maximize their value.

Interested in making the switch from spreadsheets to a data analytics tool? Read our white paper, ‘Forget Excel! 5 Reasons to Switch to a Real Data Analytics Tool for Audits’ for more information on why you should.

 

About Anu Sood:

Anu Sood is the Director of Product and Corporate Marketing at CaseWare Analytics and is responsible for the company’s global marketing strategy. Prior to CaseWare Analytics, Anu worked in various roles in the high-tech industry and her accomplishments range from writing software for telephone switches to launching a new global satellite communication service. Anu has extensive experience in strategic marketing, corporate communications, demand generation, content marketing, product management, product marketing and technology development. 

Connect:    Anu Sood 

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