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  • #WinningMindspark

    summitBI Data Analytics weekly challenge | week 1

    July 8, 2025 / No Comments

    Data analytics is a core business skill. From Finance, Audit, Risk, and Compliance to the boardroom, you need data-driven insights to make informed decisions. At summitBI Data Analytics, we have created a weekly challenge to improve your data analytics skills. For customized training for your team, please contact us at support[at]summitcl.com, or WhatsApp 0775845691 for an instant quote or to attend our general classes every Thursday of the week. Or you can register here Now take the challenge This practical test covers various Excel functionalities, including shortcut keys, formula usage, and best practices for financial modeling. A score of below 55% indicates you…

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    Why most auditors will be irrelevant in 5 years to come.

    July 8, 2025 / No Comments

    During one strategy retreat, a seasoned board member told a story about a broken lock. It revealed why many internal auditors do not add value. They just collect the monthly paycheque for the role of “window dressing” compliance check-box. “We have an internal audit department.” We meet the requirement! You get the idea. He said, “A vault had five locks. Four were strong and regularly checked. The fifth, hidden at the back, was old and rusty. No one paid attention to it. One day, the vault was emptied, not broken into, just quietly opened through that one weak point. The…

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