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Data Analytics Using Caat Tool Idea

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55 views33 pages

Data Analytics Using Caat Tool Idea

Uploaded by

Ss
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Data Analytics

using CAAT Tools –


IDEA
1. What is CAAT?

2. What is IDEA?

3. Pre-requisite to use IDEA


2. What is IDEA?
How we will cover the A. Functional Specification
Topic B. Relational Data Base

4. IDEA Functionalities
What is CAAT?

Computer Assisted Audit Techniques & Tools


What is Technique?
What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Technique
Steps, Process, is way of
Algorithm, Knowledge etc doing something makes our life easy. We can also call technique as

Steps, Process, Algorithm, Knowledge etc


What is Tool?

Tool is any physical resource, which helps to implement the technique to get desired results
What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Steps, Process, Algorithm, Knowledge etc
What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Steps, Process, Algorithm, Knowledge etc
Why tools are useless on Stand-alone basis

Tools are neither good nor bad.

It all depends on Technique with which it works


What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Steps, Process, Algorithm, Knowledge etc
Technique & Tools in Problem Solving

What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Steps, Process, Algorithm, Knowledge etc
What is Technique?
Technique is way of doing something makes our life easy. We can also call technique as
Steps, Process, Algorithm, Knowledge etc
How we will cover the Topic

1. What is CAAT?
1. What is CAAT?

2. What is IDEA?
What is IDEA ? ®

Interactive Data Extraction & Analysis


This is
1. What is CAAT?
a specialized application software designed by a Canadian company
– “Case Ware Inc”
IDEA is a powerful and comprehensive tool in the hands of Internal /
External auditor to assess risk, gather evidence, uncover trends, and
provide the intelligence needed to make more informed decisions.
When we have Excel, why we need IDEA?

1. Data limitation in Excel


2. No standard format in Excel – makes organization person
dependent
1. What is CAAT?

3. Data Modification in excel undermines its reliability


4. No change log available in Excel for Documentation
How we will cover the Topic

1. What is CAAT?

1. What is CAAT?

2. What is IDEA?

3. Pre-requisite to use IDEA


Pre-requisite to use IDEA Tool

Knowledge Knowledge of
1. What is CAAT?
of Excel Relational Data
Base

To design STEPS To understand DATA


for problem solving
(Functional Spec)
What is Functional Specification?

It is a step-by-step process which when followed, helps to get pre-defined results


Everything starts with STEPS
Ex: Cooking Rice
1. What is CAAT? STEP 1: Take Vessel If we don’t follow steps,
Outcome is not
STEP 2: Put Water Accurate

STEP 3: Switch on Gas …………so on


What Defines Success ?

Accuracy Timelines
1. What is CAAT?

STEPS gives Accuracy Minimum number of


STEPS (short cut)

Will discuss more while working with IDEA


How we will cover the Topic

1. What is CAAT?

1. What is CAAT?

2. What is IDEA?

3. Pre-requisite to use IDEA

A. Functional Specification
B. Relational Data Base
What is DATA?
Data is a piece of Information / raw Fact

Information
1. What is CAAT?
is processed / organized Data.

We need information to take Decisions

Data is useless on its own (no conclusion can be drawn)


What is your Decision about below? (Good / Bad)

₹ 50 Crores Profit of RIL Per day


1. What is CAAT?

Each time, new DATA is added, Decision Changes


What is your Decision about below? (Good / Bad)

₹ 50 Crores Profit of RIL Per day


1. What is CAAT?

Each time, new DATA is added, Decision Changes


Data Processing Techniques

1. What is CAAT?
Financial Data Non-Financial
Data
3 Tier Architecture

1. What is CAAT?

99% of world’s application suite use RDBMS


Tally

MS Dynamics SAP

RDBMS
1. What is CAAT?

RAMCO Finacle

Oracle
1. What is CAAT?
Relational Data Base?

Data base is Collection of DATA organized in the form of Tables

1. What is CAAT?
MOB_NO NAME STATE OTHER

99999 Raja Delhi ABCD

88888 Rani Kerala ABCD


Master Table
77777 Ramesh Bihar ABCD

66666 Suresh Goa ABCD

TXN_ID MOB_NO AMOUNT COURSE BOOKS_GIVEN

100001 99999 ₹ 7,500 AITT Yes

1. What is CAAT?
100002 77777 ₹ 7,500 GMCS -NA- Transaction Table
100003 77777 ₹ 7,500 AITT No

100004 66666 ₹ 7,500 AITT Yes

Business Decision Required


1. How many books to be ordered?
2. Who did not get the book?
Primary Key Foreign Key

MOB_NO NAME STATE OTHER TXN_ID MOB_NO AMOUNT COURSE BOOKS

99999 Raja Delhi ABCD 100001 99999 ₹ 7,500 AITT Yes

88888 Rani Kerala ABCD 100002 77777 ₹ 7,500 GMCS -NA-

77777 Ramesh Bihar ABCD 100003 77777 ₹ 7,500 AITT No

66666 Suresh Goa ABCD 100004 66666 ₹ 7,500 AITT Yes

1. What is CAAT?

STEP 1: Go to TXN TABLE – FILTER


⮚ COURSE = AITT AND
⮚ BOOKS = NO
STEP 2: JOIN the output with MASTER TABLE – GET NAME
Know the Tables (Which data where?)
Know Primary Key & Foreign Key Relationships

1. What is CAAT?
How we will cover the Topic

1. What is CAAT?

1. What is CAAT?

2. What is IDEA?

3. Pre-requisite to use IDEA


Are we supposed to be EXPERTs in Problem Solving?

YES

Technique Tool
(STEPS) (IDEA)

Compulsory Optional
(No choice) (But need to know how to
communicate with
Technical Person)
What functionalities we are going to discuss?

1. Data Import / Folder creation


2. Appending Field with Script (Add column with Equations)
3. Data Extractions (Filter)
4. Duplicate / Gap detection
5. Summarization
6. Table Join (V Lookup)
7. Benford’s Law / Skewness
Let’s start the
Journey…………………
TH A N
K
YO U

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