Overview
This project connects internal-audit concepts to real-world, technology-driven risk scenarios.
You will examine how technology enables both innovation and fraud, how cyber threats challenge
governance, and how data analytics – using KNIME – supports fraud detection and prevention.
Just do part B which is the group assignment
Data Exploration – Review and understand all fields (Transaction ID, Date, Amount, Vendor,
Employee, Approver, Department, Payment Method, Created By, Modified By, Entry Time, Access
Location).
2. Risk Identification – Spot red flags such as duplicates, high-value items, weekend activity, or self-
approvals.
3. Build Your KNIME Workflow
.4 Interpret Results – Link findings to control weaknesses and COSO/IIA standards. Explain how
each identified risk could be prevented or detected through stronger internal controls or analytic.
5.Reporting & Presentation – Submit:
A report (~2 500 words) including objectives, workflow screenshots, findings, and audit
recommendations.
A slide deck (8 – 10 slides) summarising your workflow and insights for presentation.
The KNIME workflow file (.knwf)
Please I want a turnitin report for ai and plagiarism at the end. Please make it seem like a wrote it myself not super professional but still academic.
Attached is the project requirements plus slides on the topics to support you.