Below are a collection of tools that vendors provided at the
expo (and we wanted to share them as far and wide as
Detecting Fraud Using Computer Assisted Reports (AuditSoftware.Net)-
The Institute of
Internal Auditors (IIA) Research Foundation announced the posting of a
free online document to help business professionals worldwide use
computers to fight fraud. Proactively Detecting Occupational Fraud
Using Computer Audit Reports
to assist auditors, fraud examiners, and management in implementing data
analysis routines for improved fraud-prevention and -detection. This
report provides a comprehensive checklist of data analysis reports for
every occupational fraud type in existence, as well as, general guidance
to help audit teams better analyze company data. Since its release,
it has been downloaded over 50,000 times....see what all the buzz is
about. Also see the related
article posted on ITAudit or the French
New Era of Professional Judgment....and Realizing that Fraud is a Five (Not
Four) Letter Word (BI3.Net) - Explains how audit
standards are moving more towards the use of auditor judgment versus a
checklist driven approach, while also providing solftware tools to assist in
|3) Recovery Audit: Now In
a Box (Cash Flow Guardian) - Provides
an overview of the how the entire accounts payable recovery business is
moving in the direction of companies purchasing "turnkey" rulesets
to drive their accounts payable recovery, as well as, the benefits of this
approach. It concludes with a checklist
for selecting the best accounts payable audit solution for your company's
Deterrence: Analyzing Internal Control Data To Minimize Fraud and Abuse
- Explains how employee survey tools can be turned into a
data analysis goldmine for fighting fraud.
Oxley:Hidden Shoals for the Unwary
Numerous enlightenment points
in this article around Sarbanes-Oxley projects.
Excel as an Audit Software (PDF Format: 1.3 MegaByte File) (AuditSoftware.Net)
explains how to use Excel as an audit software tool. With
this document, users can no longer say that audit software is difficult.
For now, even a tool as simple as a spreadsheet can and should be
used as an audit software.
Many readers have noted that this document showed them what is
possible with audit software in analogous terms they could understand.
With the “curtain exposed” users can now focus their time on the
more critical activities of creatively dreaming up new tests, detecting
control gaps and fraud, as well as, improving
their business intelligence. Also
read related press
Business Controls Through Greater Visibility (Approva)
- This document is intended for business managers, security professionals and auditors who are interested in managing operational risk by reinforcing their business controls within their enterprise applications.
|8) Case Studies On
ACL Implementations: Case
Study 1 Case
Study 2 (ACL)
of case studies on ACL implementations.