To get students thinking more holistically about data analytics, Professor Menendez assigned the students to develop their own data analytics mini-case as a final project for the course. Students selected an area for testing, designed the analytic tests, created the raw data and inserted errors to be discovered using data analysis techniques.
“The professional organizations including the IIA and ISACA are stressing the importance of data analytics as a key skill for both internal and external auditors,” said Menendez. “I believe that having data analytics experience is going to give the students a leg up during their interviews and will add immediate value to their employers and their professional development.”
Menendez also stated that graduate students benefited from being able to test 100% of the data population to provide more insight into testing and root cause analysis than sample testing could ever do. He plans to use some of the mini-cases in future classes with permission of the former students to help others learn through involvement.