Project Description

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Austrian Ministry of Finance

The Austrian Ministry of Finance has an annual budget of over €110 billion per year and is responsible for the coordination of taxation and customs programs throughout Austria. The Ministry auditors must analyze enormous quantities of data from a wide variety of computer platforms, while operating under acute time pressures. In one major initiative, over a four-year period, the Electronic Data Processing (EDP) audit team used ACL’s powerful data analytics to identify, and then recover € 85 million in missed tax revenues – and was able to stop a fraud scheme that had been exploited by the hospitality sector for years.

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