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

Fraud Magazine recently published a good article on using data analysis for fraud detection. One of the notable aspects is that the frauds described do not require particularly complex analysis to discover. Some fairly basic tests can provide indicators of the most commonly performed

As we embark on the New Year, resolutions abound. For 2013, consider what you are going to do in the area of fraud prevention and detection. With the prevalence of data, whether big or small, I would suggest incorporating data mining into your fraud detection and prevention procedures

What’s Corporate Culture all about and why is it important to an organization anyway? Is this something that can be audited? It sure isn’t something that lends itself to data analysis, or is it? Just the other day I was in our Marketing department, chatting about Social Me

We all know – or should know – that Internal Audit is charged with providing assurance to their organization on risk management. Many audit departments are providing those assurance services with the traditional, top-down look at risk.  That’s a necessary and proper

The recent announcement of ACL Desktop 9.3 is wonderful news.  There’s a lot to 9.3, be you a fraud fighter, script writer or all-round ACL aficionado.  The release has some really interesting enhancements including a new command (Fuzzy Duplicates) and 3 new functions: ISFUZZYDU

Q&A with Kreso Suntesic, Internal Auditor, Croatia Airlines ACL: How long has Croatia Airlines been using ACL? Kreso: We have been an ACL Desktop premium supported customer since 2005. We find it to be a very helpful, flexible data analysing and auditing tool. ACL: Tell us a bit a

Last month, we ran a book giveaway contest within the ACL Services LinkedIn Group. After crossing paths with local author and Accountant Colleen Cross on twitter, we learned about her fascinating new series of crime capers starring Forensic Accountant Kat Carter.  The first of the ser

Written by Steve Biskie Corporate purchasing cards have been steadily gaining popularity over the past several years – and with good reason. Purchasing cards (p-cards) can automate supplier payments, eliminate unnecessary paperwork and trim costs. But, p-cards also come with inherent

An excerpt from BusinessFinance: There have been many great articles published lately about risk management, analytics, fraud, compliance and the value of internal controls. All are good reading and very informative. There is a ton of good information that can be gleaned from each of