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ACL Blog

Help your Internal Audit Department Safeguard your Organization: Increase use of Data Analytics

March 14, 2013
by Peter Millar
Analytics, Auditing, Data Mining, Deloitte, Fraud, Fraud Detection, Fraud Prevention, Internal Audit
0 Comment
According to a new survey conducted by Deloitte UK, 47% of respondents said that the increased use of data analytics would most help IA providing assurance over the risk of fraud.  Who am I to argue about that!  You can find the survey report here. It’s a good read. This is a very int
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Continuous Monitoring: No longer a tool for just audit and compliance professionals

March 06, 2013
by ACL Insider
Analysis, Auditing, Continuous Monitoring, Cyber Security, infoRisk Today, strategic approach, Technology
0 Comment
Today’s posting comes from Constantine Gart, a Product Marketing Associate with ACL, who is currently overseeing the upcoming launch of version 4 of ACL’s Analytics Exchange. Leveraging continuous monitoring technology to improve day-to-day productivity is a practice no longer limited
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Give Your Audit Management Program Some Love Part Two: Develop a Strategy for Managing Issues & Findings

March 05, 2013
by Chad Wood
ACL Workpapers, Audit Management, Cloud, Dashboard, Managing Findings, Managing Issues, Strategy
0 Comment
This is Part Two of a Special Audit Management Series designed to increase fieldwork communications and share results with improved reporting. In Part One, we discussed Managing Your Clients…today we focus on developing strategy for Managing Issues and Findings. In our last post, we d
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The Must-Have List for Compliance Professionals

February 28, 2013
by ACL Insider
ACL technology, Corporate Compliance, Risk-based assessment, suspicious transactions
0 Comment
Recently, an article by ACL’s VP of Product Management and Design Dan Zitting was featured in Corporate Compliance Insights. Dan’s article, “Constant Self-Examination is Critical to Compliance,” provides how-to advice on running an effective compliance program. Here’s an excerpt: At t
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AX4: Audit and Beyond

February 26, 2013
by ACL Insider
Accounts Payable, Analytics Exchange, Archive and Restore, AuditExchange, AX, Cascading Chains, Enterprise IT Infrastructure, Financial Controls, Integration, Sarbanes-Oxley, Schedule Analytics, Technology
1 Comment
Today’s posting comes from Constantine Gart, a Product Marketing Associate with ACL, who is currently overseeing the upcoming launch of Version 4 of ACL’s Analytics Exchange. We’re now just days away from releasing AX4, a solution that has already gained widespread recognition and acc
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Improve your audit execution: an ACL customer spotlight

February 21, 2013
by Peter Millar
AcquantUs, Audit Execution, Coca-Cola, Data Analysis Implementation, External Audit, Internal Audit, Todd Hoffine
0 Comment
A little while back I had the opportunity to talk with Todd Hoffine, who is a Partner at AcquantUS, LLC, and Former Director, Corporate Audit Department, Global Operations at The Coca-Cola Company. Todd has some amazing audit credentials, having worked in world-class External and Inte
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The importance of integrating analytics into audit and risk management processes

February 19, 2013
by John Verver
Analytics, Audit Management, Continuous Auditing, Continuous Monitoring, Integrated Technology, Risk Management, Rutgers Symposium
1 Comment
A few weeks ago I participated in the 26th World Continuous Auditing and Reporting Symposium at Rutgers Business School. I think it was about the 12th occasion at which I have presented at the Symposium. Initially, WCARS was heavily oriented towards academic research and technical pap
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Top 25 Analytic Test for Every Organization: Test 1 – Suspicious Journal Entries

February 18, 2013
by Dan Zitting
Analytic Testing, Auditing, Suspicious Journal Entries
5 Comments
Earlier this month, AUDITMAN Dan Zitting shared some insight on the Rules and Tools for effective auditing in Top 25 Analytics Tests Your Organization Should Use, today he shares Test #1 – Suspicious Journal Entries. When auditing, where else would we start than right in the gut
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Give Your Audit Management Program Some Love: Part One

February 14, 2013
by Chad Wood
ACL Workpapers, Audit Management, Cloud, Dashboard, Improving Visibility, Managing Stakeholders, Valentine's
0 Comment
This is Part One of a Special Audit Management Series designed to increase fieldwork communications and share results with improved reporting. It’s hard to believe that is already February and another Valentine’s Day is upon us. With a new year, comes a renewed love for maintaining ef
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