In case you missed it, ACL released the next version of their Acerno product, renamed it ACL Excel Add-in, and made it FREE!
So I thought I’d update my review.
For my original review of Acerno, see A Review of ACL Acerno. It still seems that I’m the only one who ever took the time to review the product (versus marketing blurbs, which are all over the ‘net), which appears to be a statement regarding its popularity.
Despite the poor popularity, since they updated it AND made it free, I decided to dive in for another look.
Note: This add-in is not just for auditors! Any one who regularly reviews data should consider using this simple, EASY-to-use software.
Please take the new & improved poll at the bottom of this post (also free).
In ACL, a conditional computed field (CCF), is basically a regular computed field with some fireworks.
It looks and acts much like a regular computed field, but has some extra parts that do some extra work. Fortunately, the extras are NOT complicated, and after reading this post, you will find that will you use CCFs frequently.
So what’s the difference?
I haven’t been able to find any reviews of ACL Acerno, so I decided I better get to it.
What is Acerno?
According to ACL’s website, ACL Acerno is a Microsoft Excel Add-in that allows you to efficiently and easily investigate the results generated by ACL software or other sources and share your findings.
For a quick overview, watch this video or check out the quick reference sheet (pdf)—-This info must have been removed when the software was updated.
Acerno is $250 per user.
Even if you don’t read the rest of this, if you’re an auditor, please take the poll at the end of this post.
A computed field is a field in an ACL table that you create using expressions.
An ACL expression is similar to a Microsoft Excel formula [e.g., =SUM(A1:A2)] in that it contains at least one function [like SUM]. Excel formulas operate on cells (like A1 and A2), but computed fields operate on fields.