Continuous Auditing with Robotic Process Automation (RPA)

Course Objectives

• Understand the fundamentals of continuous auditing and its role in modern audit practices.
• Learn the basics of Robotic Process Automation (RPA) and its application in auditing.
• Explore techniques to implement continuous auditing using RPA tools effectively.
• Gain hands-on experience in designing simple RPA workflows for audit tasks.

---

Course Content

Introduction to Continuous Auditing and RPA

• Overview of Continuous Auditing:
  • Definition and importance in modern auditing.
  • Key differences between traditional and continuous auditing.
• Introduction to RPA:
  • What is RPA?
  • Benefits of RPA in auditing and compliance.
• Case studies: Real-world examples of RPA in audit scenarios.

---

RPA Tools and Frameworks for Auditing

• Overview of popular RPA tools (e.g., UiPath, Automation Anywhere, Blue Prism).
• Key features relevant to auditing:
  • Data extraction and validation.
  • Process monitoring and exception reporting.
• Criteria for selecting RPA tools for auditing.
• Demonstration: Basic RPA workflow for extracting audit data.

---

Designing RPA-Driven Continuous Auditing Processes

• Steps to design an RPA-enabled continuous auditing process:
  • Identifying audit processes suitable for automation.
  • Data integration and processing.
• Workflow optimization: Ensuring scalability and reliability.
• Addressing risks and challenges in RPA-driven auditing:
  • Data security and compliance considerations.
  • Handling system exceptions and errors.
• Hands-on activity: Create a basic audit automation workflow.

---

Implementing and Monitoring RPA in Continuous Auditing

• Implementation strategies:
  • Piloting RPA for auditing.
  • Gradual scaling across audit functions.
• Monitoring and maintaining RPA processes:
  • Ongoing validation and updates.
  • KPI tracking for continuous improvement.
• Discussion: Lessons learned from successful RPA implementations.
• Final project: Develop a simple continuous audit use case with RPA.

DATE:
1ST BATCH: 4th – 7th Feb, 2025
2ND BATCH: 15th – 18th July, 2025