Thursday, May 6, 10:45 - 12:00 view all sessions this time
TECHNOLOGY    Basic view all sessions this track
605 - Tools to Minimize Inherent Risks in Data Management 
Transaction Risk Identification & Analysis (TRIA) allows an auditor to review a company's key sub-ledgers to identify the transactions with a higher risk profile. This service allows an internal audit team to perform both proactive and reactive risk assessments to uncover trends, patterns, and other information of interest. Moreover, by examining all of a company's data, an internal auditor may test whether a control weakness has resulted in an actual control failure or whether it is simply a theoretical possibility.

 
Learning Objectives:
Understand the importance of using a common data model approach to house data from various ERP system workflows and supports risk analysis in several areas including but not limited to fraud risk assessment, user and system control, operational and finance effectiveness, data governance, and master file analyses.
Utilize technology/data analytics as a tool for business.
Identify various fraud schemes that occur in companies, and how data mining can help mitigate those frauds.
Jeremy Dane, PriceWaterhouseCoopers
Mr. Dane joined the firm in 1998. Mr. Dane has focused on providing consulting in civil and criminal matters with particular emphasis and specialized expertise in forensic accounting, fraud investigations and fraud due diligence reviews. He has been engaged on numerous occasions both as a litigation consultant and a forensic accountant, primarily in the areas of fraudulent schemes (e.g. kickbacks) and corruption and bribery (e.g. Foreign Corrupt Practices Act).

Ms Steffans has spoken at Lorman Seminars, National Business Institute Seminars, American Payroll Association, International Accounts Payable Professionals, Institute of Management & Administration, Investment Management Institute, National Restaurant Tax Executive Conference, The Advanced Accounts Payable Institute, Regional Treasury Management Conferences, National Association of Financial Professionals, Statewide Accounts Payable meetings, and several Users Conferences. She also actively participates in conferences sponsored by the Unclaimed Property Professional Organization and has served on the Membership and Communication Committees. 

Heather holds a BA from the University of Iowa.