At times the challenge of combatting government fraud, waste and abuse may seem overwhelming, but what may seem at times to be an insurmountable problem can be broken down and prioritized, and efforts concentrated on actions that have the greatest impact. Here are five questions you need to ask in the fight against fraud.
From deep-dive courses to bite-sized tutorials, there’s a ton of awesome $#&% in ACL Academy. Just in-case you didn’t already know, here are six sweet things you might have missed.
The biggest data leak in corporate history has underscored the value of big data analysis in detecting fraud, reducing compliance costs and reputational risk.
There’s a lot to love about the cloud. But instead of building a true cloud solution, many are simply hosting their existing technology on a web server and calling it cloud. Sure, hosting the solution off-site eliminates some IT hassles, but it simply fails to deliver the benefits you can only get from real cloud. We don’t think these “fake-cloud” hosted solutions are good enough for your business and here's why.
Will databots who will systematically replace knowledge workers in the audit, compliance, and risk management process leave the traditional internal auditor obsolete? In this post, Dan Zitting discusses the opportunity for a new breed of entrepreneurial auditor.
The general attitude toward insurance fraud is somewhat laissez-faire. Many view insurance fraud as a victim-less crime, and fraudsters see it as a low-risk, high-reward endeavor. Although consequences and penalties are becoming more severe, convictions for “soft-fraud” are often just misdemeanors and may only involve probation or a fine.
The world of the traditional auditor has changed. In this post, Dan Zitting, chief product officer at ACL, looks at what the future holds for the audit profession and gives insight into the future of "big data" risk analytics.
In this Edition: In this edition of the ACL Product Pulse, bulk upload your controls into Project Manager, how to audit your Active Directory in 15 minutes (or more. Probably more), de-duplicating your continuous monitoring efforts in Results Manager, and a new training partnership with MIS Training Institute (MISTI).
Inspirations is our collective public library, housing hundreds of analytic testing ideas powered by ACL. The Inspirations community is growing fast with 2,000 users worldwide, and we’re constantly updating with new content as we continue to research new ways to inspire you. If you aren’t sure where to start or you want to see the value your peers are getting from Inspirations, look no further!
Calling all internal auditors! Are you tired of wasting time manually handling documentation, looking for a way to capture audit evidence using your smartphone or wanting to significantly expand your data analysis capabilities? Good news—you can do all this (and more!) with ACL technology.