Why You Need Internal Audit at the Table
A recent survey of more than 500 audit and compliance professionals, conducted by ACL Services, provides some interesting insights into how internal auditors see their role within an organization, as well as the role of auditing technology in adding value to an organization. (Business Finance, January 23, 2012) Read the post...

Good News: Compliance Cuts Fraud
The Association of Certified Fraud Examiners estimates that the average organization loses about 5% of annual revenues to fraud – a potential fraud loss of more than $2.9 trillion of the estimated 2009 Gross World Product. How much might that translate to for your organization? (The FCPA Blog, January 10, 2012) Read the post...

Fraud, A Focus on Prevention Through Audit Analytics
While whistle-blower programs, fraud hotlines and other ways for employees to alert their organizations to fraudulent activity are important and necessary elements to safeguarding an organization from fraud, they aren’t in themselves sufficient. (ISACA Journal Author Blog, January 3, 2012) Read the post...

ACL launches new Microsoft® Excel add-in designed for auditors
Typically, auditors take the results of their ACL analytic work and use Excel to perform basic analysis and review exceptions – because an exception in a data set is often just the first step. When follow-up is needed by the actual business unit from where the exception came, one of the easiest ways to review findings is in Excel – a product that comes standard on almost every desktop computer in business today. Purpose-built for audit, ACL Acerno makes Excel more efficient for investigating audit findings and seamlessly integrating these results into working papers. (AuditNet Newsletter, January 2012) Read the article...