Building the Roadmap:How to Expand Your Use of Audit Analytics

Katharine JanischAnton Bouwer

Our Agenda

• Who are we?• What is the Audit Analytics Capability Model?• Audit Analytics in Action– Demonstration• Q&A • iPad 2.0 draw

Group EXCO

Who is ACL?

Fortune 100 98%

External Audit : Big 4 Audit firms 100%

Global 500 70%

Fortune 500 89%

200+ departments in 37 national governments

500+ regional, state and local governments

The Market

Data Analysis Software

Other: Access, Business Objects, Crystal Reports, IDEA, Showcase, and internally developed software.

Data Extraction Software Continuous AuditingFraud Detection / Investigation

Other: Excel, Idea, In-house, Oracle, PeopleSoft, Proprietary,

Showcase Query

Other: ActiveData, DCMS, Hyperion, SAP, and SAS.

Other: Access, ActiveData, Crystal Reports, DCMS, DISSCO, Focus,

Patriot Officer, PeopleSoft Queries, SAS, Showcase Query, and VIPs.

Why expand analytics?

An IIA survey stated 90% of CAEs are not overly satisfied with their current use of data analysis

tools

The Audit Analytic Capability Model

Sophistication

Audit

Con

tribu

tion

Hindsight

Insight

Foresight

Level 2Applied

Level 3Managed

Level 4Automated

Level 5Monitoring

Level 1Basic

ad hoc repetitive continuous

?

The Complete Solution

1 & 2

3

4

5

Audit Analytics in Action

Introducing Audit Exchange 3.0

Contact your account manager for an Audit Capability Assessment

#aclroadmap

WHITEPAPER:The ACL Audit Analytic Capability Model

Download White Paperwww.cqs.co.za