7. Low value - solutions to #2 of the 5 most commonly cited data in audit challenges
This is part 3 of a 6-part series.
In the first episode, we discussed the 5 most commonly cited data in audit challenges. In this episode, we discuss solutions to the 2nd challenge - low value.
The five items are:
- Access to data - you can't get all the data, or you can't get it quickly enough.
- Low value - the analysis doesn't provide new insights.
- False positives - too many of them; results are overwhelmingly noisy, distracting your focus.
- Superficiality - the results are not deep enough to properly understand and refine the problems or to provide opportunities for improvement.
- Reporting - the results are not available in time for reporting, the report is not tailored to the audience.
About this podcast
The podcast for performance auditors and internal auditors that use (or want to use) data.
Hosted by Conor McGarrity and Yusuf Moolla.
Produced by Risk Insights (riskinsights.com.au).
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