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Home / Analytics Specializations / Data Science for Internal Auditors
"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.
Total Duration
1 Month
Prerequisites
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.
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.
Block Your Time
16 hours
Live Sessions
20 hours
Python Programming Videos
Who Should Sign Up?
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.
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.
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+60 19-383 1378
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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
"The training was organised properly, and our instructor was extremely conceptually sound. I enjoyed the interview preparation, and 360DigiTMG is to credit for my successful placement.”
Pavan Satya
Senior Software Engineer
"Although data sciences is a complex field, the course made it seem quite straightforward to me. This course's readings and tests were fantastic. This teacher was really beneficial. This university offers a wealth of information."
Chetan Reddy
Data Scientist
"The course's material and infrastructure are reliable. The majority of the time, they keep an eye on us. They actually assisted me in getting a job. I appreciated their help with placement. Excellent institution.”
Santosh Kumar
Business Intelligence Analyst
"Numerous advantages of the course. Thank you especially to my mentors. It feels wonderful to finally get to work.”
Kadar Nagole
"Excellent team and a good atmosphere. They truly did lead the way for me right away. My mentors are wonderful. The training materials are top-notch.”
Gowtham R
Data Engineer
"The instructors improved the sessions' interactivity and communicated well. The course has been fantastic.”
Wan Muhamad Taufik
Associate Data Scientist
"The instructors went above and beyond to allay our fears. They assigned us an enormous amount of work, including one very difficult live project. great location for studying.”
Venu Panjarla
AVP Technology
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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 AiSPRY, 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.
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.
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.
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.
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.
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.
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.
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
4.8
I've reached a major milestone in my Data Analytics internship with 360DigiTMG. With guidance from experienced mentors, they’ve really helped me get closer to reaching my goals. Embrace the valuable knowledge and skills gained and continue leveraging this opportunity to excel in the dynamic field of data analytics.
I'm Sai Manikanta, delighted to share my internship journey at 360DigiTMG. This internship has been a great opportunity for me to expand my limits and gain new skills. Diverse activities provided profound insights, shaping a promising future. Grateful for this opportunity, I eagerly anticipate forthcoming outcomes.
The data analytics program was truly outstanding! The meticulously structured classes and enthusiastic instructors made learning both enjoyable and engaging. With this extensive knowledge at my disposal, I am not only confident but also eager to make significant strides in the field of data analytics.
One of the best institutes for training in Hyderabad. I am done with the Data science and Machine Learning course here. Trainers are highly educational and instructive. Invaluable experience gained through live projects, enhancing technical familiarity. Additional value provided through helpful working sessions further enriches the learning journey.
The teacher and staff are highly skilled at their jobs. They teach in a way that's easy to understand and interesting. They know a lot about the subject, so learning from them is great. The teacher plans everything well and explains hard stuff with lots of examples using Excel.
It was a wonderful experience for me as an intern to work in 360digitmg. This internship had made me become an expert in the field of data analytics which had greatly motivated me and Working with real-time datasets provided invaluable experience, enhancing my skills significantly.
It was an awesome experience at 360Digitmg, offering the best resources and fostering excellent interaction. Working on real-life projects under expert supervision provided invaluable learning opportunities. Overall, it was a highly rewarding learning experience that contributed significantly to my growth and career advancement.
I found a great coaching institute in Chennai for data-related courses. I completed a successful data analytics program there. The trainers were skilled and supportive, especially Vijay, who made learning Python easy. Thanks to him and 360DigiTMG. I also learned Data Analytics with SQL, Tableau, and Excel.
360DigiTMG institute offers an exceptional learning experience, excelling in data science and machine learning. Despite lacking coding background, tutors ensured effective learning, making concepts easily understandable. Tutorial sessions covered job interview prep and case studies, with Mind maps boosting confidence. Highly recommend this Bangalore institute for data-related courses.
Excited for upcoming internships, confident in my improved skills from the program. Explored new territories and gained invaluable experience. Ready to apply newfound knowledge and continue growing in future opportunities. Grateful for the journey so far, eager for what's ahead.
360DigiTMG institute offers one place where the course curriculum is so good and teacher training, equipping students with skills for their dream job. Grateful for the internship experience, including live projects, resume building, presentation practice, and interview preparation sessions. Enhanced confidence for future interviews. Thank you, 360DigiTMG, for the invaluable learning journey.
The data analytics with python course in the best coaching centre in Chennai. Finished the course well and worked on practical tasks. This helped me build my professional experience. By participating in interview preparation and project presentation sessions, I realized that I could present myself confidently to an interview.
During my internship at 360DigiTMG, I gained invaluable experience, expanding my knowledge significantly. The opportunity provided a rich learning environment, fostering personal and professional growth. Grateful for the wonderful experience and the skills acquired, which will undoubtedly shape my future endeavours.
Great institute! Exceptional learning experience, especially in data science and machine learning. Tutors adeptly simplified complex concepts despite my coding limitations. Varied tutorial sessions prepared us for job interviews with insightful case studies. Mind maps boosted confidence. Highly recommend this Bangalore-based institute for data-related courses.
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