KPMG 2015 Survey

‘Data & Analytics - Enabled Internal Audit’, released Oct 15

• 78% of survey recipients rated the importance of data analytics as high among

the among Internal Auditors community.

• 84% of recipients stated the #1 objective of a data analytics program is to

increase audit coverage.

• 80% stated their #1 objective is to identify additional insights.

• 77% of survey recipients indicated they have started to incorporate data

analytics on an ad hoc basis. (But this can lead to inconsistent results)

• Having an analysis tool and set of routines were rated as the most important

enablers to incorporate data analytics.

Powerful automation capabilities Visual Script and IDEA Script macro functionality available.

Offering basic and advanced abilities to transform common tasks into

“one click” routines.

IDEA Version 10

new features

Financials:

General Ledger

Accounts Receivable

Inventory

Fixed Assets

Accounts Payable

IS Fraud Toolkit

Audimated Apps

Brand new apps:

Risk-based Payroll Testing

Address Cross Checker

Word List Maker

Pre-built analytical tests & reports

Smart Analyzer: Integrated analysis framework embedded within IDEA v.10

Numerous apps available:

Procure to Pay:

Accounts Payable (18 tests)

Procurement Controls (23 tests)

Financial Statements:

General Ledger Controls (20 tests)

Journal Entries (14 tests).

3rd Party analytical tests & reports

IDEA Audit Solutions: Prebuilt IDEA Scripts created by Audimation and Audit Solutions

Solutions available:

Assets On-Hand:

Fixed Assets (18 tests)

Inventory Controls (21 tests)

Payroll Controls (33 tests)

Travel & Expenses:

Expense Controls (17 tests)

Travel Expense Controls (22 tests).

AuditWare Systems Ltd.

sales@auditware.co.uk +44 (0)1892 512348

support@auditware.co.uk +44 (0)1892 701949