IDEA Data Analysis Level 1 (four consecutive half-days)

The purpose of this four consecutive half-day introductory course is to acquaint new users with the bulk of IDEA’s basic functionality and breadth of tools. Training is immediately hands-on, so participants have the opportunity to quickly interact with the software by completing exercises and case studies using sample data.

After completing this training, participants will be able to:

• Understand the purpose and features of IDEA.
• Consider business objectives to which IDEA can be applied.
• Determine the data required and import the data.
• Use IDEA in Audit, Finance, and other industries to increase efficiency and effectiveness.
• Improve governance and controls, and reduce risk in their organization.

Course Outline

• Introducing IDEA
• Managing Databases
• Obtaining and Importing Data
• Reconciling and Examining Data
• Isolating Specific Records
• Profiling the Data
• Identifying Irregularities
• Sampling
• Auditing a General Ledger File
• Manipulating and Adding Fields
• Building Equations
• Using Multiple Databases
• Working with Output
• Recap Exercise
• Documentation Standards
• Other Products
• Accessing Resources

Prerequisites

Working knowledge of Microsoft® Windows® desktop environment and Microsoft® Office® applications.