AUFINIA KNOWLEDGE CENTER

Your auditors just don't get it - what about those funny transactions hidden in the totals?

AUFINIA KNOWLEDGE CENTER

Your auditors just don't get it - what about those funny transactions hidden in the totals?



By Claire Worledge

An audit director of a fortune 500 company recently shared with me his frustration because his audit managers could not see the point of doing any data analytics. Those managers said that they didn’t need it because they already had detailed balance sheet reports that they can print out of the system.

Even when the director explained to them an example of high value supplier rebates that were unpaid for over 3 years but hidden within an overall creditor balance, the audit managers couldn’t get it.

And the poor audit director found it hard to convince them that he was right because his background was not in IT, so conceptually it was quite difficult for him to make the argument or launch a transformation of his audit methodology.

This is why we have written AuditZOOM. AuditZOOM lists the 300 must-have data analytics for audit and the reason why each one is so important. It then lists in the appendix all the SAP tables and fields that you need to be able to do each of those data analytics.

If you're interesting in finding out more about our AuditZoom platform, reach out to contact@aufinia.com and we will be more than happy to answer any questions you may have!

By Claire Worledge

Claire spent 10 years working for Deloitte, managing the data analytics team. In 2010, she created Aufinia. Aufinia has worked for 50 different companies that use SAP over the years. Today, a lot of their work is for MNCs using SAP who are based in Europe, APAC and the US. Aufinia also works for some major retail companies based in China. 

Claire is a Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE) and Certified ACL Data Analyst (ACDA). Aufinia is a global OEM partner with QLIK and also a Galvanize reseller partner for Vietnam and China. Claire has a Masters in IT from University College London, as well as a Bachelors in Biochemistry.

Want to get instant access to a FREE eBook that outlines the 300 must-have data analytics? 

Click below to download our free eBook and we can guarantee it will help you become a recognised leader by starting the transformation of internal control and internal audit!
An audit director of a fortune 500 company recently shared with me his frustration because his audit managers could not see the point of doing any data analytics. Those managers said that they didn’t need it because they already had detailed balance sheet reports that they can print out of the system.

Even when the director explained to them an example of high value supplier rebates that were unpaid for over 3 years but hidden within an overall creditor balance, the audit managers couldn’t get it.

And the poor audit director found it hard to convince them that he was right because his background was not in IT, so conceptually it was quite difficult for him to make the argument or launch a transformation of his audit methodology.

This is why we have written AuditZOOM. AuditZOOM lists the 300 must-have data analytics for audit and the reason why each one is so important. It then lists in the appendix all the SAP tables and fields that you need to be able to do each of those data analytics.

If you're interested in finding out more about our AuditZoom platform, reach out to contact@aufinia.com and we will be more than happy to answer any questions you may have!

By Claire Worledge

Claire spent 10 years working for Deloitte, managing the data analytics team. In 2010, she created Aufinia. Aufinia has worked for 50 different companies that use SAP over the years. Today, a lot of their work is for MNCs using SAP who are based in Europe, APAC and the US. Aufinia also works for some major retail companies based in China. 

Claire is a Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE) and Certified ACL Data Analyst (ACDA). Aufinia is a global OEM partner with QLIK and also a Galvanize reseller partner for Vietnam and China. Claire has a Masters in IT from University College London, as well as a Bachelors in Biochemistry.

Want to get instant access to a FREE eBook that outlines the 300 must-have data analytics? 

Click below to download our free eBook and we can guarantee it will help you become a recognised leader by starting the transformation of internal control and internal audit!
Copyright © 2021 - Aufinia
For more support contact cjw@aufinia.com
Copyright © 2021 - Aufinia
For more support contact cjw@aufinia.com