HOUSTON – April 3, 2017 – University of Virginia graduate students in the McIntire School of Commerce are learning to apply data analytics techniques to extract meaningful insights and identify potential risks by participating in the IDEA Academic Partnership.
Students in the McIntire School of Commerce have direct access to data analytics software, data sets for real-world case studies and other resources, provided to the University at no cost by the IDEA Academic Partnership. The donation, valued at approximately $80,000, gives University of Virginia students a better understanding of the various sources and types of data they are analyzing. More importantly, students learn how to obtain and analyze data in a way that allows them to make informed decisions. These skills are highly sought after by potential employers, and offer the potential to advance in their careers.
Assistant Professor of Commerce, Eric Negangard, Ph.D., CPA, CFE, shares his professional experience with students to build their experience and confidence in using analytics to prepare them for the data-driven world of business. Dr. Negangard used IDEA daily in his previous role as a manager with KPMG’s Forensic practice. He chose to incorporate IDEA into his curriculum because he found it easier to learn and use when compared to other available software solutions.
“Students who are a year out of school have told me that their IDEA experience and resultant data analytic skills make them superstars on their engagement teams,” said Dr. Negangard. “I am a true believer that data analysis skills are the number one determinate of a successful accountant. The Partnership offers students a tremendous opportunity to learn the software while working with real-world accounting data and makes them very valuable employees.”
“Many of the top professional organizations are urging professionals to use purpose-built data analytics tools for audit engagements,” said Cory Windham, Academic Partnership Coordinator. “We are getting more interest from well-known institutions like the University of Virginia that want to prepare students for this demand. When they can list experience using data analytics on their résumés, it differentiates them from other job candidates, and often means they will advance quicker.”
IDEA is a powerful and user-friendly tool designed to help accounting and financial professionals extend their auditing capabilities, detect fraud and meet documentation standards. It allows users to quickly import, join, analyze, sample and extract data from almost any source, including reports printed to a file, such as PDFs. With unlimited file size capabilities and an intuitive user interface, IDEA has the ability to analyze large volumes of data in seconds. IDEA is used in more than 90 countries, by major accounting firms, government, corporations in all industry sectors and by nearly 500 universities as a teaching tool.
The IDEA Academic Partnership is sponsored by Audimation Services, Inc., the U.S. distributor of CaseWare IDEA, CaseWare Monitor™ and SmartExporter. Participation is offered at no cost to U.S. accredited college and university educators. Additional information is available at www.audimation.com/academic.
About Audimation Services, Inc.
Founded in 1992, Audimation Services, Inc. is a leader in providing data analysis technology to help companies understand their data, assess risks, test controls, and fight fraud. As the sole U.S. distributor of IDEA® Data Analysis, CaseWare™ Monitor and SmartExporter for SAP®, we help our clients maximize their technology investments by providing support, training and other valuable resources. For more information about Audimation Services, visit www.audimation.com or call 888.641.2800.
About CaseWare Analytics
CaseWare Analytics is home to IDEA® Data Analysis and the CaseWare Monitor continuous monitoring platform. Our software solutions are built on a foundation of industry best practices and expertise, enabling audit, compliance and finance professionals to assess risk, gather audit evidence, uncover trends, identify issues and provide the intelligence needed to make informed decisions, ensure compliance and improve business processes. We offer solutions that meet the needs of auditors, analysts, purchasing card managers, compliance officers and more. With 40 distribution offices worldwide, CaseWare Analytics’ products and solutions serve more than 400,000 professionals in 90 countries. To learn more visit casewareanalytics.com.
About The McIntire School of Commerce
For nearly one hundred years, the McIntire School of Commerce at the University of Virginia has been regarded as one of the nation’s finest business schools, offering world-class programs at both the undergraduate and graduate level. Visit commerce.virginia.edu/ to learn more.
IDEA is a registered trademark of CaseWare International Inc.
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