In partnership with Rutgers University, FGV’s Brazilian School of Public and Business Administration (EBAPE) will host the “Public Sector Accounting & Data Analytics Colloquium” on May 26, from 8 a.m. to 3:20 p.m., at auditorium 1014 of FGV’s main office in Rio de Janeiro. The event will share insights based on research and practical outlooks surrounding the benefits of implementing advanced analytical methodologies in the public sector.

The Colloquium will analyze the growing demand for transparency and accountability within the management of public resources, rendering public auditors responsible for providing guarantees regarding the performance of programs and the financial status of public entities, ensuring its resources are spent appropriately.

The event’s participants will also discuss the findings of several scholar studies in the private sector, which indicate that Big Data and Data Analytics can provide accurate and timely assessments of both compliance and predictive audits. Therefore, the Colloquium will promote debate on how data analytics, open data and big data (unstructured) techniques can help governments identify useful information, patterns and trends that may otherwise not have been discovered through manual approaches.

The subjects to be covered during the event include the application of analytical methods, including text mining, recommendation systems, and other methods focused on audit projects within the public sector. Another topic of discussion will be the initiative by CIRA (Corporate Issuer Risk Assessment) and XBRL to enhance disclosure through smart data.

Go to the website to sign up for the event.