Contact us Global reach Search Insights Services Industries Meet our people Careers About us Locations News centre Services Risk Data analytics Data analytics Risk Compliance assurance Data analytics Enterprise risk management Finance and risk management services Internal audit services People, culture and organisation Projects, capital programmes and transformation Technology risk services Third party and contract assurance Deeper insight through data analysis is becoming commonplace, increasing the value, commercial challenge and calibre of insight delivered to the business. Internal audit functions are being required to provide greater transparency and insight into risks, with additional benefit realisation around efficiency and effectiveness of the business operation being audited. Developing your analytics capability enables: increased efficiency delivering meaningful insight detailed identification of high-risk issues within your organisation detailed analysis of data sets to identify data trends, pattern analysis and derive value to audit and business functions improved quality and speed of decision making through data analysis which complements the audit evidence based approach What you need to do now Having worked with our clients in this area, we recommend that you: consider how data analytics can be used for established and new audits added to your plan, and integrated into your audit planning stages determine where the use of analytics and visualisation is appropriate in your current audit plan for maximum insight and value, and determine a strategy to maximise insight through analytics in terms of vision, resource competence, process, and visualisation tools. How we can help We have the experience, know-how and highly skilled staff to help you develop a data analytics, and visualisation approach using industry leading tools, that will help the internal audit function identify the high-risk elements within an organisation efficiently and effectively. We have a wealth of expertise in providing insight through analytics and regularly host user groups, enabling your team to understand how other organisations are applying analytics and increasing awareness of upcoming trends. Key areas where we are assisting our clients today include: Provision of data mining, visualisation and insight services. Data analytics strategy development to maximise the insights provided by your internal audit function. Related contacts Related content BUSINESS RISK SERVICES UK SOX: a hub for preparing compliance requirements September 2021 Read more BUSINESS RISK SERVICES BEIS consultation: corporate resilience July 2021 Read more BUSINESS RISK SERVICES Technology resilience is now a priority for internal audit June 2021 Read more BUSINESS RISK SERVICES UK SOX: third party risk assurance and SOC reports June 2021 Read more CONNECT Meet our people Contact us Our offices Alumni Visiting our offices during COVID ABOUT About us Careers News centre Sustainability LEGAL Privacy Cookies Disclaimer Terms and conditions Whistleblowing policy Modern slavery statement Carbon reduction plan Our approach to tax Anti-bribery and corruption Third Party code of conduct Remote access Sitemap © 2021 Grant Thornton UK LLP - All rights reserved. “Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. About Cookies On This Site We use cookies to personalize and enhance your experience on our site. Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. By using our site, you agree to our use of cookies. Decline Accept Options