Enhancing audit quality continues to be of paramount importance for KPMG. Using data analytics for audit can include benefits such as providing better coverage and assurance, enabling risk focused audits and better understand clients. Find out more here.
Read MoreIs Disruptive Innovation an “Uber” Risk for Internal Audit?
An organisation must identiy and implement a process that recognises and handles risks. Internal audit can act as an advisory point when major technology changes occur and a new strategy is required, such as the creation of Uber. Read the full article here.
Read MoreB2B CEOs increasingly turning to data analytics
The way businesses absorb information has changed, and companies are compensating for this by increasing the number of employees in the data analytics field. There is a shift away from published content and towards paid search and data products in the B2B space. B2B companies are expected to up their spending on data analytics in…
Read MoreUnreliable storytelling is a fact of life, so how can we get to the truth in data analytics?
People are naturally-born storytellers, and this is a tactic that businesses have deployed to ensure their brand story is told in the right way. However, storytelling can be unreliable as every narrator has a viewpoint. This can be particularly risky in business, whereby an employee can present a course of action with carefully selected data…
Read MorePossible Changes Afoot to Internal Auditing Standards
As the pressures within a business’ environment change and evolve, internal audit’s standards are altered to reflect such changes. Currently, the IIA are reviewing changing three different areas of the current standards. These include: Enhancing communication standards; Addressing new roles that internal audit are taking on within assurance and consulting; Aligning standards with those in…
Read MoreCaseWare Monitor 5.1 – What’s New?
A new version of CaseWare Monitor is now available—and this release offers more case management functions than ever before. Case management enables investigators to quickly and easily organize the data they need to investigate, resolve and report exceptions or alerts. With CaseWare Monitor, data can be imported from virtually any data repository and reviewed, analyzed,…
Read MoreIDEA 10.1 – What’s New?
CaseWare Analytics has launched the newest version of IDEA® Data Analysis software, and this release is all about the new capabilities offered by the Visualization feature. Take a peek at the top new features available in IDEA 10.1, including new chart types, Windows 10 compatibility, and the ability to drill further down into your data…
Read MoreMaintaining Compliance in Your Finance Software
Using expense reporting software provides a way for the business to monitor and track expenditure. However, to be most efficient, the software must include certain features and without these, the software risks violating the compliance procedures in place. Most importantly, assigning different roles to different users, making sure the visibility of data can be managed…
Read MoreThe Future of Fraud-Busting
Humans are historically bad at detecting fraud and our accuracy is only marginally better than chance. This is largely to blame on human nature, on intuition. With the development of technology comes new fraud scams. However, technology can also be put to work to fight fraud. This can include receiving notifications from your mobile phone,…
Read MoreCaseWare AML Solution Now Provides All Anti-Money Laundering Compliance Tools Within One Platform
Toronto, Canada, February 1, 2016 CaseWare Analytics announces the release of version 5 of its CaseWare AML Compliance solution, which helps financial institutions meet all their Know Your Customer (KYC), Transaction Monitoring, Regulatory Reporting, and Sanctions List Screening requirements in one platform. This solution generates significant ROI by reducing compliance workloads and safeguarding against hefty…
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