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What We Can Learn from Forensic Auditing?

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Welcome

The Founder of Mr. 01 Analytics

Patrick Müller is a graduate in Business Informatics and a sought-after expert in forensic data analysis. He has successfully applied his forensic specialization to broader business questions, focusing on dissecting business processes.

His approach goes beyond merely preventing fraud and errors. Instead, he emphasizes understanding the actual conditions within extensive data sets and extracting valuable insights from them.

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From Forensic Examination to Business Data Analytic

What We Can Learn from Forensic Audit Quality for Business Data Analytics

Forensic analyses place a high emphasis on accuracy due to the potential serious legal consequences of errors. In business data analytics, errors can lead to costly business decisions. Common pitfalls include data gaps and unintentional or intentional data manipulations. It is essential to verify data integrity and ensure that all information is accurate. While traditional analyses focus on recognizing known patterns, technologies such as AI can identify unknown patterns. Therefore, business data analytics should adopt the rigorous quality assurance standards of forensic analysis to ensure results of the highest level.

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From Teen Hobbyist to Data Analysis Expert

Patrick's Journey into the World of Forensic Technology

Patrick had early access to technology and developed his childhood hobby into a specialization in forensic data analysis through his work in his family's business and a sports association. His studies in Business Informatics at the University of Mannheim provided him with expertise in database systems, forensic informatics, SAP, and business process management. From his time as a corporate consultant and authorized signatory to his role as Senior Manager for Real-Time Analytics in industry, Patrick has consistently driven innovation and developed strategic concepts.

However, Patrick Müller's journey extends beyond his technical expertise. As a lecturer, he passionately shares his knowledge at various universities and schools. While his professional focus lies in identifying fraud and errors, his true passion is finding solutions to prevent them.

His original fraud prevention motto, "Find the problem in the data and eliminate the cause!" reflects his solution-oriented approach. Perhaps most importantly, his collaborative approach is summed up in his belief: "no data, no party!" Patrick firmly believes in the power of data and sees collaboration as the key to success.

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Workshop Recap: "Innovation Lab Transportation Management"My Takeaway: "No Data, No Party."
AEB: „Everyone kind of knew what a Control Tower is for logistics processes. But how to approach it?

… One participant wrote afterwards: 'No Data, No Party.'

Referring to the fact that a proper data foundation is essential."

During his time in forensic analysis and auditing, Patrick evaluated the business process data and accounting records of over 200 companies, identifying complex patterns and gaining valuable insights. Working with such sensitive data has taught him to uphold the highest standards of data security, confidentiality, and discretion. His handling of Non-Disclosure Agreements (NDAs) and unwavering commitment to client privacy make him a trusted partner in the world of data and analytics.

If you are looking for an experienced partner who possesses both the expertise and character to advance your business in the realm of Data & Analytics, Patrick Müller is the right choice. With a blend of technical brilliance and a personable character, he is ready to assist with your current needs and challenges. Don’t hesitate to reach out - he looks forward to hearing from you!

Get in touch

Patrick Müller currently offers a wide range of services and expertise:

  • As a lecturer at the Frankfurt School of Finance & Management, Patrick Müller has been contributing his expertise in forensic data analysis to the fields of Audit Data Science and Fraud Management for years.
  • As a coach and consultant under his own label, Mr. 01 Analytics, he focuses on building and training in-house analytics teams and developing analytics architectures within corporations.
  • Additionally, Patrick Müller is involved in various startups with a focus on digitalization, AI, and blockchain, and he is also an author.
  • With a clear understanding of the importance of data in the modern business world, Patrick Müller is ready to assist organizations in the effective utilization and analysis of data.

Key References

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Reading as a Source of Inspiration

Patrick Müller's Passion for Books and Knowledge

In addition to his work with data and analytics, Patrick Müller has another great passion: reading. His interest spans beyond just data and analytics. Reading not only provides him with new knowledge but also broadens his horizons, motivates him, and brings him joy.

"Reading is thinking with someone else's brain" - Jorge Luis Borges (1899 – 1986), Argentine Writer

Accounting Fraud

Patrick Müller is also an author. His contribution to the understanding of accounting manipulation and data analysis is reflected in his book, "Accounting Fraud".
About the Book
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Mr. 01 Analytics

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