Building the Roadmap: How to Expand Your Use of Audit Analytics
description
Transcript of Building the Roadmap: How to Expand Your Use of Audit Analytics
Building the Roadmap:How to Expand Your Use of Audit Analytics
Katharine JanischAnton Bouwer
Our Agenda
• Who are we?• What is the Audit Analytics Capability Model?• Audit Analytics in Action– Demonstration• Q&A • iPad 2.0 draw
Group EXCO
Who is ACL?
Fortune 100 98%
External Audit : Big 4 Audit firms 100%
Global 500 70%
Fortune 500 89%
200+ departments in 37 national governments
500+ regional, state and local governments
The Market
Data Analysis Software
Other: Access, Business Objects, Crystal Reports, IDEA, Showcase, and internally developed software.
Data Extraction Software Continuous AuditingFraud Detection / Investigation
Other: Excel, Idea, In-house, Oracle, PeopleSoft, Proprietary,
Showcase Query
Other: ActiveData, DCMS, Hyperion, SAP, and SAS.
Other: Access, ActiveData, Crystal Reports, DCMS, DISSCO, Focus,
Patriot Officer, PeopleSoft Queries, SAS, Showcase Query, and VIPs.
Why expand analytics?
An IIA survey stated 90% of CAEs are not overly satisfied with their current use of data analysis
tools
The Audit Analytic Capability Model
Sophistication
Audit
Con
tribu
tion
Hindsight
Insight
Foresight
Level 2Applied
Level 3Managed
Level 4Automated
Level 5Monitoring
Level 1Basic
ad hoc repetitive continuous
?
The Complete Solution
1 & 2
3
4
5
Audit Analytics in Action
Introducing Audit Exchange 3.0
Contact your account manager for an Audit Capability Assessment
#aclroadmap
WHITEPAPER:The ACL Audit Analytic Capability Model
Download White Paperwww.cqs.co.za