Page 1
CA A.Rafeq, FCA, CISA, CGEIT, CIA
Managing Director, Wincer Infotech Limited
www.wincaat.com
17th July, 2015, Mathan Hotel, Bangalore
18th Annual Karnataka ConferenceSMAC & IOT
- New Cybersecurity Frontiers
Key Note Address:
Apply Thought to Technology
to achieve magical milestones
Page 2
Apply Thought to Technology
1. Past and
Future: my
Journey as a
CA/CISA
2. How is
Technology
moving?
3. Top Ten
Technology
Trends
4. Some Tips
to remain
professionally
relevant
2
Page 3
1. Past and Future:
my Journey as a
CA/CISA
3
Page 4
What can you take from here?
4
Page 5
Manual audit to DigITal
Auditor to CAATalyst to…
Page 6
2. How is Technology
moving?
Now…Future..
6
Page 9
3. Top Ten
Technology Trends
9
Page 20
4. Some tips to remain
professionally relevant?
20
Page 22
Unprocessed,
collection of numbers,
characters, images,
raw data, research
data, field data (may
be collected by
observation and
recording)
Page 23
Drawing Inference and Insights
through analysis using IT
Page 24
Big Data is BIG..
Page 25
Using Data Analytics for risk-based audit
25
Page 26
Knowledge
Intelligence,
Wisdom
DATA Information
Informatio
n
D..I…K…W
Page 27
When to use Data Analytics/CAATs?
27
Page 28
IT risk must be considered a
part of overall business risk
28
IT RiskOverall Business
Risk
Enterprise Risk
Management
Risk assessments should be
enterprise-wide
Page 29
Assurance – key factors
29
Business
Processes
Regulatory requirements
Organization
Structure
Technology
Deployed
Assurance
Process
Page 30
Key skill requirements?
What does the future hold?
What innovation will occur in the near future?
What knowledge and skill-sets do you have?
Are these sufficient for the future?
Are you prepared for the future?
How do you prepare yourself for the future?
30
Page 31
Key Skill requirements of e-era
31
Page 34
Ten Hot Tech Skills Gaining Speed
Page 36
CAATTs: Help in ensuring credibility or Trust
36
Page 37
TOP 10 EMERGING DIGITAL
TECHNOLOGY TRENDS
Page 38
1. Big Data Analytics:
Page 41
4. Machine Learning
Page 42
5. Internet of Things
Page 43
6. Massive Open Online
Courses
Page 44
7. Social Networking
Page 45
8. Digital Business Models
Page 46
9. Cyber security
Page 47
10. Digital Currency
Page 48
How do you remain
professionally relevant?
Page 49
49
Evolution: Changing Methods