As auditors, the ability to effectively analyse and make sense of large volumes of data is essential. In recent years, the use of visualisations in audit reports has become increasingly popular as it makes it easier to identify trends and patterns in data. This article will explore how IDEA’s Visualisation feature can help you create visually appealing and insightful dashboards for your auditing needs.
Why use visualisation dashboards?
Gone are the days of struggling to navigate complex spreadsheets and dense reports. With visualisation dashboards, you can present your data in a way that is easy to understand and interpret. By presenting data visually, patterns, trends, anomalies, and outliers become more apparent, helping you to identify areas of concern more quickly and efficiently.
An overview of IDEA’s Visualisation feature
IDEA’s Visualisation feature (accessed from the Analysis tab) consists of two tasks: Discover and Visualise.
Discover uses predefined Analytic Intelligence to map data and provide insights into the active database.
Visualise allows you to create visualisation dashboards from scratch. The dashboard comprises of panels containing field statistics and charts generated from the data. The panels can be customised to display information that is relevant to your audit needs, providing a clear and concise view of your data, making it easy to spot trends, outliers, and areas of concern.
IDEA’s Visualisation feature offers a range of customisation options to help you create a dashboard that is tailored to your needs. You can adjust the layout of the panels, add or remove charts and tables, and choose from a variety of chart types to represent your data. This means that you can create the most relevant and useful dashboard for each report, without having to compromise on your audit requirements.
Once you’ve created your perfect dashboard, saving and sharing it with others is a breeze! You can easily copy the dashboard to another project or share the dashboard file with a colleague or team member. This makes collaboration a simple and seamless process, saving you time and allowing you to work more effectively with others.
Check out this great Tutorial video, Discover Insights from the Data, on how to use this feature.
Visualisations are a crucial tool for auditors to help make sense of large volumes of data. IDEA’s Visualisation feature provides an easy-to-use and customisable platform for creating visualisation dashboards to help you identify trends and anomalies more quickly and efficiently. Save time, improve accuracy, and collaborate better. Unlock the power of visualisations!