Quote of the Weak – Auditor Judgment

We recently acquired a new data analysis tool in our department, which prompted some of our newbie auditors to share their misunderstanding of auditor judgment and basic data analysis.

A group of less experienced and newer auditors were selected to try out the new tool before it was rolled out department-wide.

 If you’re not familiar with my ‘Quote of the Weak’ series, I described it briefly in About. For a list of posts in this series, see here. If you haven’t seen one of these posts before, it’s because I haven’t had one in a while…

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How to Profile Data

Before you analyze data, you should profile it.

Otherwise, your analysis may not be too broad, too narrow, or you may miss some important insights or errors.

This post is part of the Excel: Basic Data Analytic series.

Data profiling is developing a profile of your data, just as facial profiles of a person, taken from various angles, helps you size up a person’s nose, identify whether his chin is sagging, and how far apart the person’s eyes are.