June 6, 2014 - 8:46am
#1
I would like to hear any ideas of how you are using data analysis (ACL/ IDEA, Excel) in your audits. What are the types of queries that you are running and what is the information intended to test? If you are doing continuous monitoring, what monitoring do you have in place? I am looking for ways to use data analysis to make our audits more effective and efficient. Most of the generic data analysis information is related to inventory (which doesn't apply) and AP (which is scrutinized to the penny by our CFO and CEO).
Thanks.
