To get ready for this year’s Process Mining Camp (see the program and sign up here!), you can now watch the recordings of Process Mining Camp 2021.
Watch the kick-off of last year’s camp if you have not seen it yet. Today, we bring you the recordings of the second day. The Tuesday was all about process mining in audit.
It started with an excellent talk by Jasmine Handler and Andreas Preslmayr from the City of Vienna Court of Audit. Janine, Andreas, and I then picked up the discussion from a broader audit perspective in the process mining café with our special guest Mieke Jans. Mieke is an Associate Professor at Hasselt University in Belgium and has been working on process mining in audit for more than 15 years.
Challenges of Audit with Process Mining
The City of Vienna Court of Audit is an autonomous and independent public audit institution for the municipality City of Vienna. Jasmine and Andreas are both auditors at the City of Vienna Court of Audit and audit financial operations, security, and safety regulations of the public entities of the city.
Last year, they audited one of Austria’s largest infrastructure groups: The Wiener Stadtwerke. In this audit, they used process mining to evaluate the correctness, compliance, efficiency, and expediency of the control system. At camp, Jasmine and Andreas shared their approach and best practices. They show how they got from the raw data to concrete insights and recommendations from an audit perspective.
Process Mining Café: Compliance for the Win
When you apply process mining for audits, some special requirements emerge that are less relevant in a process improvement context. What are these requirements, which type of auditor uses process mining, and is it a problem if there are too many exceptions when looking at the entire dataset?
Together with Mieke, Jasmine, and Andreas, we discuss how process mining impacts the traditional audit methodology, audit standards, new definitions of materiality, and research on how auditors assign risk to deviations.
Stay tuned for the videos from the following days of camp.
Process Mining Camp takes place on Thursday, 23 June 2022. Add the time to your calendar and register now for this year’s camp!
Anne Rozinat
Market, customers, and everything else
Anne knows how to mine a process like no other. She has conducted a large number of process mining projects with companies such as Philips Healthcare, Océ, ASML, Philips Consumer Lifestyle, and many others.
info@fluxicon.com