The challenges of using process mining in internal audit

39:34Recorded on 21 June 2023 at TU Eindhoven

Xhentilo Karaj(Euroclear, Belgium)

Xhentilo discusses the concrete challenges he has encountered in the data collection, data pre-processing, and data analysis phases of his audits in the past.


Euroclear has been using process mining in their audit projects for several years. Xhentilo shows us what this looks like step-by-step. He starts with a checklist for the applicability of process mining in the Business Understanding phase. He then goes through the Fieldwork, Clearance, and Reporting phases based on a concrete example.

In each phase, Xhentilo examines the challenges and opportunities that process mining brings compared to the classical audit approach. For example, traditionally, the analysis in the Fieldwork phase is based on samples and interviews. In contrast, auditors can use process mining to test the entire data population. In the Clearance phase, process mining changes the relationship with the auditee due to fact-based observations.

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