Future Ready Audit @ABC

A "Future Ready Audit" at "ABC" generally refers to an internal audit function at a specific organization (referred to as ABC) that leverages modern technology and skills to proactively address emerging risks and provide strategic insights. "ABC" in this context is likely a placeholder for a specific company or an industry group like the Audit Bureau of Circulations. 

Future Ready Audit @ABC

What you’ll learn

Anomaly Detection
Anomaly Detection course overviews cover identifying unusual patterns (outliers) in data using statistical, machine learning, and deep learning methods to solve real-world problems like fraud, system failures, and network attacks, teaching you to build and deploy models with tools like Python (Scikit-learn, TensorFlow, PyTorch) and specialized platforms (MATLAB, Power BI) for applications in finance, healthcare, and cybersecurity, focusing on data preprocessing, algorithm implementation (clustering, autoencoders, GANs), and handling labeled/unlabeled data.
 
Core Concepts & Fundamentals:
  • Definition: Identifying rare observations deviating from normal patterns (e.g., fraud, sensor faults, cyber threats).
  • Types of Anomalies: Point, contextual, and collective.
  • Importance: Enhancing data quality, ensuring system reliability, predicting failures, and enabling data-driven decisions.
 
Key Techniques & Methods:
  • Statistical: IQR Rule, 3-Sigma Rule, Median Absolute Deviation (MAD).
  • Machine Learning: Clustering (DBSCAN), Isolation Forests, One-Class SVM, Autoencoders, GANs.
  • Time Series: Analyzing sequential data for anomalies in real-time or batches.
  • Deep Learning: Using neural networks for complex pattern recognition in images or large datasets. 
Microsoft 365 Copilot
Microsoft 365 Copilot is an AI-powered assistant integrated into apps like Word, Excel, Teams, and Outlook, using large language models (LLMs) and your Microsoft Graph data (emails, docs, etc.) to boost productivity by drafting content, summarizing info, analyzing data, and automating tasks via natural language prompts, all while respecting your existing security and permissions. It acts as a contextual guide, helping users create documents, catch up on meetings, or generate insights within the flow of their work.
 
Key Functions & Features:
  • Content Creation: Draft emails in Outlook, create presentations in PowerPoint, write reports in Word, or generate code.
  • Data Analysis: Analyze data in Excel by asking questions in plain language.
  • Meeting Summaries: Get summaries of Teams meetings and identify action items.
  • Contextual Help: Understands your work context and data, providing relevant assistance within apps.
  • Copilot Chat: A dedicated chat interface for complex queries, web searches, and content generation, grounded in your organization's data.
  • Enterprise Security: Leverages your existing Microsoft 365 security, compliance, and privacy policies, ensuring data stays protected.