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Welcome, Im Hernan Murdoch. In this episode, were going to take a look at data analytics. A common technique internal auditors use is data analytics, and to better understand its definition, its meaning, its uses, we have with us Kathleen Crawford who will help us better understand these aspects of data analytics. - Welcome, Kathleen. - Hi, Hernan. So, can we start with the definition? What is data analytics all about? Id be happy to start there. Its really, really fascinating. Data analytics is a process of using different computer learning techniques to help us automatically analyze and extract knowledge from the data. So, if you look a little bit farther down on the graphic here, theres a progression that were interested in. Data has a lot of hidden information in it, and so what were trying to do is to pull that information out of the bits and bytes of the data, and then take a look at that information and transform it into knowledge. So auditors will use different techniqu