handout presentatie ae angelique 29 maart 2017...2017/03/29 · handout presentatie ae angelique 29...
TRANSCRIPT
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“REDESIGNING THE AUDIT IN AN AGE
OF DIGITIZATION”drs. Angelique J.M. Koopman RE RA
DataAnalyticsintheAudit
• Knowledge and Experience• Common sense• ‘Traditional’ (audit) techniques• Luck?
What we can see and know
Why?
• Use of Statistical methods, ‘Artificial intelligence’; algorithms (e.g. process mining), machine learning, deep learning …
What we can’t see and don’t know
• Analytical procedures, reperformance, reconciliations, data visualization
• Process mining• Data discovery
Use of (Process) Data analytics
Data Analytics in the Audit: Doing, Experimenting and Learning
2 examples:
Applying Process mining
in the audit
Using Artificial
intelligence in combination
with ..
What is Process Mining?The process in reality,
based on what the data tells us …..
Like London Tube Map: ‘an abstraction of reality’Receive invoice
Three-way matching
Approve invoice
Payment
2,087
2,087
1,785
1,938
1,7859,166,328.15
1,6368,288,398.45
1,9389,894,587.00
3021,606,188.55
149877,930.70
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Check contract conditions
Why use Process Mining?
The “handbook” process What people think In reality…
Receive invoice
Check received invoice
Final check of invoice
Approve invoice
Pay invoice
Receive invoice
Check received invoice
Approve invoice
Pay invoice
Checked and approved
Request data
Pay employee reimbursement
Final check of invoice
How does it work?
AnalyzeWithTool
ETL
ü CRM
ü ERP
ü BPM
“Be interested in Artificial Intelligence
or end up in a museum?”
Automated insights powered by Artificial intelligenceBest of breed techniques
Domain expertise
(e.g. Auditor)
Statistical methods
MachineLearning
Ai
Identify ’risk areas’, using standards; e.g.
manual entries, duplicates, high value, ..
Benford’slaw, 2-3
digit test, ..
Outlier detectionreinforced learning;
‘rare flows’
PlatformMindbridge Ai
Why? Limited capacity of
human brain to examine all the dimensions of
transactions
Anomaly detection platform
Smart ingestion
Interactive analytics
Scalable computeplatform
Client data
Self-learning Ai engine
Architecture:Ailearnsfromhumans
“Intelligently Guides Humans”
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Wherethe magichappens
…
Yourcomfort
zone
‘May the Data Analytics force be with you’
Your presenter today
drs. Angelique J.M. Koopman RE RA
Partner Audit Innovation @BakerTillyBerk
Lecturer & PhD in progress @Tilburg University
Contact details:[email protected]
M: +31 (0)6 12 83 38 97
PhD research in progress:Redesigning the Audit in an Age of Digitization: A Breakthrough in Auditability?
Supervisors:Prof. dr. E.H.J. Vaassen RA Prof. dr. J.P.J. Verkruijsse RE RA