Data Analysis and Presentation for Compliance, Risk and Audit
Data Analysis and Presentation - Course Outline
|
"A broader understanding of how you can use information and graphs more effectively"
Compliance Manager, Scottish Widows
"Material put across in an interesting way rather than pure business analysis."
Compliance Assistant, Allianz
"This will help me to extract and show in graphs what really matters"
Compliance Manager, Barclays
"Different way of looking at data from now on, good pointers going forward." Compliance Associate, GMAC
|
Compliance, Risk and Audit professionals make use of data, statistics and analysis to identify problems, measure progress and provide evidence that outcomes have, or have not, been achieved. This data is often used to make highly significant and far reaching decisions for organisations and the individuals within. Clearly, it is of the utmost importance that the data gathered, and the way it is interrogated and presented, is accurate, reliable and truly representative of reality.
This valuable one-day event will help delegates learn how to avoid accidental bias and errors (arising from assumptions, apparent cause, false comparison, misleading visuals and trend extrapolation) that so easily and frequently occur.
How delegates will benefit
During a highly interactive day, involving games, activities and practical examples, you will learn how to measure, analyse, interpret and display information with accuracy and rigour.
You'll learn:
 The difference between data, information, and real knowledge
Measuring ratios and trends rather than absolute values
How information should be displayed or explained
Different graphs for different situations
How statistics can be misleading
How to measure intangibles
To practice simplifying information in order to get to the real issues
Mind maps and decision trees
Averages and percentages - don't add them
Sampling
Extrapolating from trends
Training Approach
This workshop is uses a combination of trainer input, knowledge sharing with interactive syndicate work and case studies.
Group size is kept to a maximum of 15 to facilitate sharing of experience amongst the delegates.
Workshop leader: Chris Croft
Chris specialises in management courses. He has huge experience of the practical challenges of managing data gained from his 10 years as a senior manager in the manufacturing industry. His career has spanned many industries as diverse as plastics, automotive and aerospace from where he joined Bournemouth University Business School as a Senior Lecturer. He has been a self -employed trainer since 1997.
Chris has trained over 30,000 people in his lecturing career. He has, however, still found time to publish books on Time Management, Management and Sales.
He holds a Manufacturing Engineering honours degree from Cambridge University and an MBA.
Programme Outline
| Scientific management - the importance of measuring and numbers |
- The importance of measurement and numbers.
- Realising that numbers are not for judging, but for a starting point to ask the right questions in order to understand what's going on, what's going well or badly.
- Measuring just one thing isn't enough.
- Using ratios instead of absolute numbers - allowing comparison.
|
| Presentation and Bias |
- Interpreting data - getting useful information out of a table of numbers.
- Using weighted tables to assist with decision making.
- Good and bad presentation of data.
- When graphs can be misleading - what to look out for.
- How information can be accidentally, or maybe even deliberately, biased.
- Understanding percentages.
- Averages - why there are three types, when they are useful and when they are not.
|
| Trends and Forecasting |
- How to calculate action limits - when is something significantly out of tolerance?
- The difference between random fluctuations and a real change - when is a trend really a trend?
- Forecasting - the graphical option.
- Why forecasting from numbers without understanding the reason for the trend is dangerous.
- S-shaped curves.
- Brief overview of the Monte Carlo method.
|
| Significance and Causation |
- A brief introduction to sampling.
- Benford's Law and its practical application.
- Linked events, assumed and real causes.
- Significance.
- Identifying causes and when events are correlated.
|
Money Back Guarantee
Corporate Training Partnerships offer a unique money back guarantee on all training courses.
We guarantee our training workshops or your money back. If you are attending a CTP event and are not satisfied by lunchtime of the first day, simply turn in your training materials and you will receive a full refund.
Attend one of our courses; then implement and use the strategies that you will learn and if you do not see measurable, tangible results in your performance then we do not deserve to keep your money - we will give you a full refund.
This course can also be run in-house. To book or discuss your requirements contact us now on 01327 858292 or e-mail info@ctp.uk.com
Corporate Training Partnerships - Championing the Compliance Culture
Booking
To book online via our secure server (by credit/debit card, cheque or invoice), click here or alternatively call us on 01327 858307
Discounts
A Discount of 10% applies to members of the Compliance Institute. A 10% discount is also available for a booking of 3 or more delegates. The discounts are applied on booking.
|