Small datasets for audits: 5 ways to extract value

Is big data more valuable than smaller data? What do we even mean when we ask this question? The thing is, there’s no real definition for either. The term “big data” is now quite dated. It’s been around for nearly…

Crisis as an opportunity for a strategic reset of assurance priorities

Infrequent but significant crises present new challenges for assurance leaders. But with challenge comes opportunity. Opportunity to re-assess how assurance activity is performed and, most importantly, how it can be improved.   Assurance leaders are seldom presented with an opportunity…

Principle 2 – Quality – for data governance within audit

This article focuses on principle #2 – Quality – for governing data within audit. This is the 4th article in this series.  The previous articles: Outlined why the use of data within the IA team should be specifically governed. Provided a point of…

3 key principles for data governance within audit

This article sets out 3 key principles for Data Governance within audit. A core set of guidelines that we, as audit professionals, can check ourselves against in planning for and using data. This is the third article in the series.…

Do you focus on your customer when thinking about risks?

As a business leader, you are risk-aware. You want to innovate to add value, while maintaining compliance. You do this because you want your organisation to succeed, and delight customers. As a risk leader, you have developed business acumen. You want to…