Auditors, Do Data Analytics or Die

If you’re an auditor, you need data analytic skills or you will die.

Or put another way, if you don’t acquire them in the next 1-5 years, you will no longer be an auditor.

Pretty bold statement, isn’t it?

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ACL Tip: Beware of ORs and ANDs

Whenever you use OR and AND operators in ACL (or other software, for that matter), be careful to ensure that you receive the results that you are looking for.

Assume you have Table1, which contains 100 loan transactions. 10 of those transactions have a loan rate of 5% and 10 transactions have a rate of 6%. The remaining transactions have rates above 10%.

ACL Error: Cannot Export to Excel

Next time you get the cannot perform export to Excel error in ACL, try one of the 3 solutions described below.  The full text of the error is:

 Cannot perform the export.
You can export fields with maximum of 254 characters to Excel.

ACL: Edit Scripts Easily

As soon as you create an ACL script, you often have to add to it or edit it. There’s an easy way to do it.

Optimize ACL Scripts

Have you been following the “Optimizing Script Performance” series on the ACL Blog? aclkevin has been offering some great tips.

In case you missed them:

ACL tip: Rerun a Join Easily

Rerunning an ACL join command is much easier than most people realize.  And everyone using ACL screws up joining two tables more often than he’ll admit.

It goes like this: You painfully select the primary keys, the secondary keys, the primary fields, and the secondary fields, enter the output table name, and run the join. The join ran successfully, but you forgot to add one primary field or to adjust the options on the More tab. Now you have to do it all again. Or do you?