Recently, a large U.S. bank was found to have created unauthorized accounts; a similar bank closed one of my accounts, but doesn’t know why it happened.
More than a decade ago, I opened a safety deposit box at a local bank (a very large U.S. bank that all U.S. residents would have heard of). This wasn’t my regular bank, as my bank didn’t have such boxes; I only went to this other bank when I needed to access my safety deposit box, which was not often.
Filed under Audit, Security
A while back, a reader named Kyle and I had a conversation about analytics.
It started with his reading my Excel:Basic Data Analytics post where I list a number of procedures that anyone can do in Excel.
Kyle said he was expecting some “super sophisticated process & methodology that works like magic.”
If you’ve every wondered what Audit Command Language (ACL) is, here’s a quick way to find out.
ACL has provided a quick, one-page introduction to ACL. And I mean quick.
It doesn’t explain a lot, but it gives you a quick peek at the basic user interface.
You could call it the ACL Overview for Dummies.
A debate on this blog over analytics and the future of internal audit is heating up.
A few readers, including our colleague across the sea, AuditMonkey, have dove in, and skyller and I have responded in kind.
Well, not exactly. AuditMonkey has been more kind, to his credit. But I digress.
At a company I worked at recently, I ran across a Sharepoint site and wondered whether I could download data that I wasn’t supposed to see.
Now I understand the purpose of SharePoint and company intranets is to share data, but even then, some data should be restricted to a limited number of people.
So I decided to check (before doing things like this, you better know How to Stay Out of Jail).
Quiz yourself to discover how much you know about fraud investigations.
While you may not be tasked with leading an investigation, you might need to work with those working on such an investigation. Either way, do you know the basics?
This quick, 5-question quiz from the Journal of Accountancy will indicate what you know AND what you don’t. And whether you get each answer right or wrong, the answers provide additional information. Continue reading
Filed under Audit, fraud, Free