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Use of Technology to Detect Fraud. 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com. The Idea Behind this Presentation.
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Use of Technology to Detect Fraud 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
The Idea Behind this Presentation 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Survey of more than 1,500 Auditors Concludes that Audit Professionals are Not Maximizing Use of Available Audit Technology 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Audit technology tools other than data analysis were not available in more than half of the audit departments according to the survey responses. The majority of audit departments had not even begun a software evaluation process and had no plans to make technology tools available to their staff. Less than 5% were evaluating vendors. 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Reasons for Not Using Technology Software Cost Most training is on the job rather than formal Only 7.5% reported formal training by third parties or outside the office. Decay of learning in those who are trained 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Clearly the impediments to becoming a more savvy tech user are enough to prevent many auditors from using more advanced audit tools. Therefore the focus of this presentation is to assist attendees in using technology starting with our old friend EXCEL. 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Comparison of What Audit Programs Can Do For You or Good Reasons to Love Excel 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com
Introduction of Presenters Georgina Mooslin, CFE, MCJ Kenny Kang, CPA, CFE Gayle Barrett, CPA, CFF 10940 Wilshire Blvd. Suite 1600 PMB 580 Los Angeles, CA 90024 Office 424.222.7770 www.ForensicAccountingAndValuation.com