ACL Blog
"How would you kick start data analytics?" ACL LinkedIn Group
May 22, 2013
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Are you part of the ACL LinkedIn Community? Our group is a great place to share and exchange best practices for the use of data analytics across various industries and lines of business. One of the most popular discussions we’ve seen lately is this one, started by Andrew Fitzgib
Continue Reading →Top 25 Analytic Tests for Every Organization: Test 3 GL – Journal Entries with Outlier amounts
May 16, 2013
Last time we targeted potential outliers in a specific GL account. This time, we’ll look at broadening our reach by applying statistical analysis across the whole field of GL accounts! To do this, we want to figure out what would be the typical sized posting to each account, and
Continue Reading →ACL Analytics: Beyond Audit
May 13, 2013
Hello ACL Community! As we continue to Transform Audit & Risk, let’s perform some tests that are outside of audit. Here’s one in particular that I’ve recently worked on that I found interesting: We used ACL to help the Fabrication Cost Accounting team of a large manufacturing orga
Continue Reading →Top 25 Analytic Tests for Every Organization: Test 2 Stratification of GL Accounts
May 06, 2013
Have you been following our Top 25 Tests for Analytic Superheroes series? The next article comes to us from trusty “ACL Sidekick” Phil Lim. This time, we’re focusing on stratification of GL accounts. Risk Posted Entries may not be authorized or valid. Test Stratify a particular gener
Continue Reading →Optimizing Script Performance Part 4: To PRESORT or not to PRESORT (that is the scripting question)
This is part four of an ongoing series on Optimizing Script Performance – part three focused on Keyword Searches. Hello my fellow scripting friends! I hope you are ready for some more tips and tricks in the world of data analytics…so let’s get right to it. Today, we are go
Continue Reading →Tales from the Road: Lessons learned from the GRC Summit
April 18, 2013
Last week, I attended the 2013 Governance, Risk Management and Compliance Summit in Boston. Some of the GRC luminaries who presented were Michael Rasmussen from GRC 20/20 Research and Norman Marks, GRC evangelist, as well as several risk management practitioners and representatives of
Continue Reading →Where do Internal Auditors Come From?
The answer to this question – at least in part – is The University of Texas at Dallas. The UT Dallas internal audit program – which is part of the Jindal School of Management – has been endorsed by the Institute of Internal Auditors as a Center for Internal Aud
Continue Reading →Fun with analytics: How to organize your next lunch party
Today’s post comes from one our Pre-Sales Consultants, Behrooz Kaviani, who works with clients across the globe to help them realize the benefits of data analytics and audit management technology. A colleague was moving away and I took charge to organize a lunch for him. I very
Continue Reading →Give Your Audit Management Program Some Love Part Three: Aggregate Results and Present Reports
April 04, 2013
This is Part Three of a Special Audit Management Series designed to increase fieldwork communications and to share results with improved reporting. In Part One, we discussed Managing Your Clients. Part Two focused on developing strategy for Managing Finding. Today, we conclude the Ser
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