Data Science for Internal Auditors
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Academic Partners & International Accreditations
"Internal audit departments currently utilize 63% of data analytics as part of the audit process." - (Source). The digital world is significantly getting transformed, forcing internal audits to incorporate innovative tools and technologies to efficiently respond to the current threat landscape. This year 2020, IA is going to overcome greater challenges, cyber threats, new technologies, and huge work demands. However, as long as the internal audit has the tools and resources it needs to stay current with the latest developments and advancements, this evolution will bring significant value to businesses everywhere. Internal audit must innovate and evolve if it’s going to fulfil its mission and remain relevant in the future.
Internal Auditors
Total Duration
1 Month
Prerequisites
- Computer Skills
- Basic Mathematical Concepts
- Accounting Basics
Internal Auditors Program Overview
360DigiTMG specializes in identifying emerging technologies especially within the Machine Learning and Data Analytics space and has chartered a learning program that addresses this need in advance. As part of our initiative, 360DigiTMG has launched Domain-Specific Analytics course and the Data Science for Internal Auditors which occupy a prime position in the catalogue of courses. The Journal of Accountancy purports that Data Science and Analytics will empower the auditors to test on a bigger, more complete reams of information rather than just scratching the surface with mere samples.
Internal Auditors Learning Outcomes
360DigiTMG offers for Data Science for Internal auditors training program in the USA for aspiring students and professionals. Internal auditors with specific data analytical skills are in huge demand in big organizations. This course helps students to learn about the innovative technologies in internal auditing and utilize them in improving business operations. Students will understand the fraud analytics lifecycle. Learn about various Data Analytics like descriptive and predictive analytics. Will perceive knowledge on detecting frauds by exploring advanced techniques. Students will have the opportunity to work on real-time projects and gain insights to handle any kind of risk. This course with the latest world-class curriculum will help professionals to enhance their talent and gain lucrative jobs.
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Who Should Sign Up?
- Internal Auditors
- CFO/Director/Head of Accounting
- Business Analysts
- Data Analysts
- Banking and Accounting Analysts
- Certified Financial Analysts
- Credit Analysts
- Financial Advisors
- Math, Science and Commerce Graduates
Internal Auditors Course Modules
Data Science for Internal Auditors course in the USA is provided by 360DigiTMG. It is one of the leading institutes in the USA delivering quality education. This course is mainly designed for auditors/ Data Analysts/ Financial Analysts. The internal auditors are required to upgrade their knowledge by learning the latest skills that include various technologies to mark a place in this fast-evolving industry. 360DigiTMG has designed this course curriculum with industry stalwarts using real industry cases. The modules cover all the important concepts that are really helpful in designing the careers of aspirants. The module introduces the concepts of Data Science and aspirants will be given the opportunity to handle Data Science projects. Aspirants will learn Hypothesis testing, regression techniques, and Machine Learning. Introduction to network analytics and Graph data in identifying fraud. Applications of new technologies like Natural language processing, Block Box techniques, text mining in audits. Able to forecast any emergence of frauds or risks. Aspirants will be exposed to the applications of technological tools to analyze large samples of data, they will be in a position to understand internal processes and can identify risks. Students will be able to build audit strategies and develop new skill sets that help them to excel in their careers.
Tools Covered
Trends in Financial Analytics Course
Internal Auditors are making a long way, and many innovative trends are emerging related to internal audit. Many industries are adopting these trends across the world to enhance their organizational impact and influence. Let’s watch a few trends of internal audits that are going to impact the business in a positive way. The Agile method is the latest innovation. Many audit teams are positively adapting agile methods as they are delivering results that include better, faster, and happier. By experiencing Agile methodology, internal auditors are reluctant to revert to traditional methods. The other trend is the Cyber internal audits. Internal audits are expected to govern all the departments of the organization and predict the chances of Cyber risks. Prepare tools and take measures to address the specific risks.
This might include data protection, cloud security, identity and access management, and risk monitoring. The latest trend is the embracement of Robotic Process Automation and cognitive tools towards internal audits. This technology helps to drive efficiently, boost quality, and deliver better results. The other internal audit groups have adapted Artificial intelligence and Machine Learning technologies which have improved their efficiency throughout the audit life cycle. Automating assurance is the next emerging trend in internal audit. Top internal audit groups are automating most of the core assurance to a larger extent, This automation leads to lower risks and helps the auditors to focus on the specific areas where much attention is needed. As many organizations are adopting disruptive technologies like RPA and Cognitive Intelligence, mainly in sectors related to Finance. Internal audit must understand and be able to advise the management of the probability of risks raised by these technologies by using data analytics and risk sensing tools and address them with proper strategies.
How we prepare you
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Additional Assignments of over 60+ hours
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Live Free Webinars
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Resume and LinkedIn Review Sessions
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Lifetime LMS Access
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24/7 Support
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Job Placements in Internal Auditors Fields
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Complimentary Courses
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Unlimited Mock Interview and Quiz Session
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Hands-on Experience in Live Projects
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Offline Hiring Events
Call us Today!
+60 19-383 1378Internal Auditors Course Panel of Coaches
Bharani Kumar Depuru
- Areas of expertise: Data analytics, Digital Transformation, Industrial Revolution 4.0
- Over 18+ years of professional experience
- Trained over 2,500 professionals from eight countries
- Corporate clients include Deloitte, Hewlett Packard Enterprise, Amazon, Tech Mahindra, Cummins, Accenture, IBM
- Professional certifications - PMP, PMI-ACP, PMI-RMP from Project Management Institute, Lean Six Sigma Master Black Belt, Tableau Certified Associate, Certified Scrum Practitioner, (DSDM Atern)
- Alumnus of Indian Institute of Technology, Hyderabad and Indian School of Business
Sharat Chandra Kumar
- Areas of expertise: Data sciences, Machine learning, Business intelligence and Data
- Trained over 1,500 professional across 12 countries
- Worked as a Data scientist for 18+ years across several industry domains
- Professional certifications: Lean Six Sigma Green and Black Belt, Information Technology Infrastructure Library
- Experienced in Big Data Hadoop, Spark, NoSQL, NewSQL, MongoDB, Python, Tableau, Cognos
- Corporate clients include DuPont, All-Scripts, Girnarsoft (College-, Car-) and many more
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Bhargavi Kandukuri
- Areas of expertise: Business analytics, Quality management, Data
visualisation with Tableau, COBOL, CICS, DB2 and JCL - Electronics and communications engineer with over 19+ years of industry experience
- Senior Tableau developer, with experience in analytics solutions development in domains such as retail, clinical and manufacturing
- Trained over 750+ professionals across the globe in three years
- Worked with Infosys Technologies, iGate, Patni Global Solutions as technology analyst
Certificate
Earn a certificate and demonstrate your commitment to the profession. Use it to distinguish yourself in the job market, get recognized at the workplace and boost your confidence. The Data Science for Accountants & Internal Auditors Certificate is your passport to an accelerated career path.
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Alumni Speak
"Coming from a psychology background, I was looking for a Data Science certification that can add value to my degree. The 360DigiTMG program has such depth, comprehensiveness, and thoroughness in preparing students that also looks into the applied side of Data Science."
"I'm happy to inform you that after 4 months of enrolling in a Professional Diploma in Full Stack Data Science, I have been offered a position that looks into applied aspects of Data Science and psychology."
Nur Fatin
Associate Data Scientist
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"360DigiTMG has an outstanding team of educators; who supported and inspired me throughout my Data Science course. Though I came from a statistical background, they've helped me master the programming skills necessary for a Data Science job. The career services team supported my job search and, I received two excellent job offers. This program pushes you to the next level. It is the most rewarding time and money investment I've made-absolutely worth it.”
Thanujah Muniandy
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"360DigiTMG’s Full Stack Data Science programme equips its graduates with the latest skillset and technology in becoming an industry-ready Data Scientist. Thanks to this programme, I have made a successful transition from a non-IT background into a career in Data Science and Analytics. For those who are still considering, be bold and take the first step into a domain that is filled with growth and opportunities.”
Ann Nee, Wong
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"360DigiTMG is such a great place to enhance IR 4.0 related skills. The best instructor, online study platform with keen attention to all the details. As a non-IT background student, I am happy to have a helpful team to assist me through the course until I have completed it.”
Mohd Basri
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"I think the Full Stack Data Science Course overall was great. It helped me formalize and think more deeply about ways to tackle the projects from a Data Science perspective. Also, I was remarkably impressed with the instructors, specifically their ability to make complicated concepts seem very simple."
"The instructors from 360DigiTMG were great and it showed how they engaged with all the students even in a virtual setting. Additionally, all of them are willing to help students even if they are falling behind. Overall, a great class with great instructors. I will recommend this to upcoming deal professionals going forward.”
Ashner Novilla
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FAQs for Internal Auditors Program
This course just assumes some basic computer familiarity and analytical mindset. It definitely helps if the learner has some background in Auditing and Financial Reporting, SQL and Programming languages such as Python and R.
This course is specifically catered to learners intending to either begin or advance their careers in the auditing and financial reporting industry. As such, you will be exposed to highly relevant financial data.
You will be exposed to financial statements, general ledger and sub-ledger data and many more datasets that are unique to the financial reporting and auditing industry.
Ideally, for the purposes of this course, we have already procured and hosted the necessary datasets (samples), but if some learners are interested in how all of the Data Engineering work is done, it can be offered as a separate (or an addendum) course.
Different organizations use different terms for data professionals. You will sometimes find these terms being used interchangeably. Though there are no hard rules that distinguish one from another, you should get the role descriptions clarified before you join an organization.
With growing demand, there is a scarcity of data science professionals in the market. If you can demonstrate strong knowledge of data science concepts and algorithms, then there is a high chance for you to be able to make a career in this profession.
360DigiTMG provides internship opportunities through Innodatatics, our USA- based consulting partner, for deserving participants to help them gain real-life experience. This greatly helps students to bridge the gap between theory and practical.
There are plenty of jobs available for data professionals. Once you complete the training, assignments and the live projects, we will send your resume to the organizations with whom we have formal agreements on job placements.
We also conduct webinars to help you with your resume and job interviews. We cover all aspects of post-training activities that are required to get a successful placement.
After you have completed the classroom sessions, you will receive assignments through the online Learning Management System that you can access at your convenience. You will need to complete the assignments in order to obtain your data scientist certificate.
You will be attending 20 hours of classroom and/or virtual instructor-led sessions. After completion, you will have access to the Learning Management System for another three months for recorded videos and assignments. You will also have another month after the classroom sessions to complete the live project.
If you miss a class, we will arrange for a recording of the session. You can then access it through the online Learning Management System.
We assign mentors to each student in this program. Additionally, during the mentor ship sessions, if the mentor feels that you require additional assistance, you may be referred to another mentor or trainer.
No, the cost of the certificate is included in the program package.
Jobs in the field of Internal Auditors
Numerous innovative projects are being carried in various sectors like Manufacturing, banking, financial services, etc. AI-powered technology is being used to detect fraud in banks.
Salaries for Internal Auditors Professionals
The average salary for an early-Career Internal Auditor with Data Analysis skills is $57,892 and for a mid-career, Internal Auditor with Data Analysis skills is $64,050. For an experienced Internal Auditor with Data Analysis skills is $67,512 in the USA.
Internal Auditors Course Projects
In India, listed companies, unlisted public companies, listed private companies, and foreign companies are mandated by law to conduct an annual internal audit. Most of these companies hire data analysts to expedite the internal audit process.
Role of Open Source Tools in Internal Auditors Course
The imperative tools for internal audits are MetricStream, Intelex, Audit dashboard, Gensuite, Smart move. Internal Auditors should be acquainted with main programming languages including Python, R, and RStudio.
Modes of Training for Internal Auditors Course
360DigiTMG delivers training through both classrooms as well as online. The Online mode of learning is flexible and students can choose timings as per their schedule.
Industry Application of Internal Auditors Course
Internal Auditors with Data Science are in great demand in the following industries Manufacturing, Automation, Healthcare, Banking, Insurance, Education, Agriculture, Hotel, Finance, Retail, and many more.
Companies That Trust Us
360DigiTMG offers customised corporate training programmes that suit the industry-specific needs of each company. Engage with us to design continuous learning programmes and skill development roadmaps for your employees. Together, let’s create a future-ready workforce that will enhance the competitiveness of your business.
Student Voices
Sana Ahsan
3 years agoI still remember going through websites for the Data Scientist course and reading reviews. That's when I finally found 360DigiTMG. Today, I will consider 360DigiTMG as the best one because it has offered me way more than any other training institute can do: Incredible curriculum, instructors, mentorship, and most job search skills and interviews best practices. One of the best decisions I made, I strongly recommend the Data Science program at 360DigiTMG to anyone looking for a Data Scientist/Analyst role. I am happy to announce that presently I am deputed as a Specialist Data Scientist at one of the top MNC.
Suriyaa Kumar
3 years agoI attended the Certification in Data Science program by 360DigiTMG. The course was amazing. I had a great learning & networking experience. Also, trainers are highly experienced and knowledgeable in the field of Data Science. I will recommend this course to anyone who wants to become a Data Scientist.
Asyraaf Afandi
3 years agoI joined the Data Science Certification Program which is a great place to learn if you want to start your career in the Data Science industry. The trainers are very knowledgeable and will try to explain the topics until you truly understand it. I would definitely recommend others to join it.
Iqmal Harris
3 years agoThe courses are taught by seasoned industry experts who know how to train absolute beginners and established professionals alike. Glad to have trained under 360DigiTMG.
Zarif Iqram
2 years agoI worked on a Survival Analysis project, which gave me good exposure and boosted my skill set in Business Intelligence with Power BI. Good to have it more and be involved in the real-time projects.
