Tuesday, April 14, 2015
8:00 am – 12:00 pm
Use of Data Analytics in your Audit Process
Presenters: Parm Lalli and Matt Osbeck
Presenter: Registration fee: $50
Location: Oak Brook Regency Towers
1515 West Tower
Oak Brook, IL 60523
Course Description: REGISTER HERE --->
4 hours CPE Credit
Internal Audit Departments have mixed success with designing and implementing Data Analytics processes into their day-to-day audit practices. The effective use of data analytics can lead to more effective controls monitoring, custom reporting, fraud detection, and cost savings. This course will help you understand the value of data analytics to get the organizational support you may need for effective implementation. The course will also provide some practical approaches you can use to jump-start your efforts.
1. Attendees will leave with best practices that they are able to immediately implement in their current analytics initiatives.
2. Attendees will possess a better understanding of the value added by data analytics in order to make a compelling case to management.
3. Attendees will understand the most common challenges and pitfalls in undertaking an analytics initiative and will have strategies to overcome them.
Parm is a Director with Sunera and leads our national Data Analytics practice. Parm has over 14 years of data analytics, audit, and controls experience with Sunera and other IT consulting firms, and is widely considered a leading data analytics practitioner in North America. Parm’s data analytics expertise includes vast experience with various Computer-Aided Audit Tools (CAATs), leading and performing data analytics and developing continuous controls monitoring (CCM) applications for many business processes. His experience also includes installing, implementing and configuring ACL Analytics Exchange, and providing training on all aspects of data analytics, from basic functionality to complex scripting and controls monitoring.
Parm’s 14 years experience with ACL Software includes six years working at ACL. During Parm’s time at ACL, he led the development of analytics for ACL’s CCM solution. These analytics covered risks associated with accounts payable, travel and entertainment, general ledger, order to cash, procurement, human resource and payroll. Once the analytics were developed, Parm led consulting projects for ACL clients where he implemented the analytics and assisted clients with the development and maturation of the data analytics and CCM programs. Parm has also worked at PricewaterhouseCoopers in the Advisory group where he performed Revenue Assurance consultancy with the Telco Industry.
In addition to his data analytics focus, Parm’s background is IT audit focused, having provided services related to IT general controls, application controls, internal audit, IT risk assessment, process improvement advisory, operational audit and Sarbanes-Oxley Act (SOX). Parm has also been involved with conducting vulnerability assessments and penetration testing for clients.
Parm is a Certified Information Systems Auditor (CISA) and ACL Certified Data Analyst (ACDA).
Matt Osbeck is a Senior Manager in Sunera’s Data Analytics Practice. Matt graduated from Purdue University, earning a Bachelor of Science in Business Management. His work experience has primarily been in internal audit, conducting financial, operational, and IT-related audit projects. Prior to joining the team at Sunera, Matt held internal audit roles at Wal-Mart, Inc. and Informa plc, a London-based multi-national. Matt is a Certified Public Accountant (CPA), Certified Internal Auditor (CIA) and ACL Certified Data Analyst (ACDA).
Matt’s data analytic project work has covered all major ERP systems, with a primary focus on SAP and accessing data using ACL SAP Direct Link. He has helped clients across all industries identify, develop, analyze and report on analytic results from many business process and risk areas, including: manufacturing, order-to-cash, procure-to-pay, HR/payroll, IT Security, FCPA/ABAC, fraud Investigations and other ad-hoc areas. Additionally, he utilizes actual experiences to provide multi-day custom ACL training courses to clients interested in training their staff internally.
Monday May 18, 2015
8:30 am – 4:30 pm
Making the Transition from Performing to Running Audits
Practical Skills for Senior Audit Staff
Presenters: Russ Hinnen, Colette Wagner and Jane Park
Registration fee: $120
Register Here ->
Location: Nicor Gas Building (AGL)
1844 Ferry Road, Naperville 60563
8 hours CPE Credit
Transitioning from doing audit procedures to supervising audits poses unique challenges. Whether you are part of a large audit team or a small department, your ability to effectively plan, supervise, and report on internal audits will make you more productive and reduce your stress level. This course will cover good internal audit practices and will offer practical ways for you to manage challenges that come with your responsibilities, including:
· Planning for audit efficiency
· Setting expectations for team and auditees
· Supervising “peers”
· Time management
· Communicating audit results effectively – verbally and in writing
· Value-added recommendations
· Planning for the deliverable: effective report preparation
Are you an audit staff getting ready to make the transition to senior? A senior staff who needs practical advice? An audit manager auditor who wants to develop their seniors? This course can add value by providing the basics of good audit project planning and supervision.
Russ Hinnen is the Director of Internal Audit at MYR Group – a large electrical construction company that services utilities across the nation. Russ has over 15 years of audit experience, working as both an external auditor at Crowe Horwath servicing numerous industries and as an internal auditor for companies in the health care, transportation, manufacturing and construction industries. Russ currently serves as the President of the IIA Chicago West Chapter and holds both a CIA and a CPA designation.
Colette Wagner is a Senior Manager in the Risk Consulting area at Crowe Horwath LLP, one of the top 8 public accounting firms in the country. She has 11 years of experience in risk consulting and internal audit at Crowe, and more than 20 years’ prior experience in industry, where she held various management positions. Colette currently provides a broad variety of risk consulting and internal audit services to financial institutions, and regularly conducts webinars and live training for various banking associations and clients. She serves on the Board of the IIA Chicago West Chapter, and is a CPA.
Jane Park is a Senior Staff who has been with Crowe Horwath LLP for more than four years, and is responsible for many of the day-to-day tasks required for managing and supervising audit engagements. She has been active in developing and presenting courses for training internal audit staff at Crowe, and can share her experiences, tactics and techniques relating to audit planning and fieldwork.