Article Published by Vonya Global Overviewing Data Driven Audits

CHICAGO - April 25, 2022 - PRLog -- Vonya Global recently published an article that gives an overview of data analytics, the analytics maturity model, and where data analytics can add value to an internal audit function and organization.

Data analytics has been a topic of conversation in the internal audit community for a very long time. Yet it hasn't been until recently that data analytics has been getting the traction that was predicted all those years ago. Advances in data analytics can be applied to perform more effective audits that will ultimately give management a better understanding to enhance their organization's operations.

While analyzing data isn't a new concept, there are growing trends toward more integrated and more efficient use of data to improve business decisions and operations. The main benefit of using data analytics is to enhance the quality of an internal audit. The use of data analytics in auditing delivers a better range and assurance, allowing for more risk-focused audits and an improved understanding of clients and their organization.

Data analytics enables organizations to identify inefficiencies and errors/exceptions, limit costs, and enable prompt, more effective decision-making. To learn more about how data analytics can benefit your organization, continue reading the full article at https://vonyaglobal.com/insights/data-analytics-in-intern...

ABOUT VONYA GLOBAL: Vonya Global is an international consulting firm specialized in enhancing corporate governance by providing internal audit, internal control and risk assurance services to a wide range of companies. The firm is focused on providing Knowledge Leadership in internal control and superior Client Service. There is a better way, Vonya Global will show you.