Six months ago, you bought your audit analytics software and had it installed so everyone can access it. Yet a look at the audits coming in since that time, you haven’t seen a noticeable change in the use of analytics in the audits. What could be wrong?
Despite all the books, articles, training, and guidance available from The IIA, not everyone in internal audit is a superstar. In most audit departments, some individuals are great examples of what not to do.
Identifying matching addresses can help in detecting and minimizing the risk of loss due to fraud, but it must be done in a methodical repeatable fashion based on the data available.