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The Use of Data Analytics
11

The Use of Data Analytics

Apr 06, 2022

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Page 1: The Use of Data Analytics

The Use of Data Analytics

Page 2: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Who we are

Lebanon

Ghana

Nigeria

Cameroon

Tanzania

Zambia

Algeria

Burkina Faso

Chad

Congo

DR Congo

Ethiopia

Iran

Myanmar

Pakistan

Saudi Arabia

Uganda

Lebanon

British Virgin Island

Pakistan

Kenya

Lebanon

Croatia

Hong Kong

China

Ghana

Ethiopia

Myanmar

Hong Kong

India

Uganda

Nigeria

Kenya

Two Thirty Three Holdings SA

Page 3: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Definition

• Data analytics, is a process of inspecting, cleansing, transforming, and modeling data with the goal of

discovering useful information, suggesting conclusions, and supporting decision-making.

50 100 140 200

350

600

700

900

1050

1200

Resources Growth

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Page 4: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

What are your Clients saying

• “My audit budget is finite, yet I am expected to increase coverage”

• “Our auditors spend too much time on non value-add activities”

• “We need to fundamentally improve audit quality and value”

• “We can’t hire or keep the best people”

• “We need to better align with compliance and risk”

• “We need to better understand risk”

Page 5: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Characteristics of Data Analytics

• Dashboarding

• Visualization of Data

Trending and Comparison

Page 6: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Characteristics of Data Analytics

• Speed and Accessibility

Portability

Page 7: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Importance of Data Analytics

• Company expectations: Maximizing the use of technology to increase coverage, quality and business

impact, while managing a finite audit budget

• Competitive landscape: Competitors continue to strengthen their capabilities and seek new talent

• Value/Relationship: Insights open the door for deeper discussion on issues and develop/strengthen

relationships

• Talent development and appeal: Effective integration of analytics will strengthen the business skills of

auditors

• Audit/Business Partnership: Innovation and resulting methods could be ultimately transitioned into the

business

• Regulatory Expectations: Audit need to get stronger assurance and quantifiable results

Page 8: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Benefits of Data Analytics for Auditors

Quantifiable: • Development saved compared to traditional BI • Audit hours saved (fieldwork review) • Expenses minimized • Revenue found

Quantifiable but not Always Tracked to Amounts: • Audit coverage • New policies enacted • Audit user base adoption and expansion • Audit procedures refined

Qualitative: • Higher quality management conversations • Risk focused testing • Visual focus on trends and outliners

Page 9: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

Benefits of Data Analytics for Enterprises

Quantifiable: • Better relationships with customers and business partners • Better financial performance of the organization • Better capability to respond to buying trends in the marketplace

Quantifiable but not Always Tracked to Amounts: • Better sense of risk • Better ability to react to changes in the economic environment • Better Ability to retain good elements

Qualitative: • Higher quality management conversations • Risk focused testing • strengthened Procedures and Process

Page 10: The Use of Data Analytics

Global Picture. Local Insights We hold ourselves to the highest standards. Our motto reflects our

commitment to provide innovative solutions suited to the demands of

each of our clients. Our regional subsidiaries provide expertise,

resources, and local awareness in the delivery of project-specific

services. These are under-pinned by global partnerships and an

international corporate infrastructure that works to ensure

homogeneity in our operations across the region.

quality assured

Our systems and procedures are normalized throughout our

international operations, with ISO 9001 certification in place across

our group. Our key principles of integrity and innovation are manifest in

all of our work. We operate according to proprietary environmental,

occupational health and safety procedures. We obtained the OHSAS

18001 certification in 2014 and the ISO 14001 certification in 2016.

“You are really not spending money on data analytics.

You are using it to find better alternatives for making money.”

Page 11: The Use of Data Analytics

Contact Details:

Bachir Nacouzi

General Manager

[email protected]

+961 3 964 986

THANK YOU