All Data Analytics articles – Page 3

  • Blog

    Fraudsters have tech edge over companies, KPMG study shows

    2016-06-01T13:15:00Z

    A study from KPMG that looks at fraudster’s typical profile says perpetrators are gaining an edge over corporate anti-fraud controls by making better use of technology than the companies they route. The report says weak controls were a factor in 61 percent of frauds through 2016. More study details from ...

  • Blog

    CPAs Launch Research to Push Data Analytics in Audit

    2015-12-28T07:30:00Z

    Image: The AICPA and Rutgers Business School haved formed a data analytics research initiative to demonstrate how the use of data analytics can advance the public accounting profession. According to Rutgers professor Miklos Vasarhelyi, the initiative’s two shared goals are “to examine how audit objectives might be achieved more effectively ...

  • Blog

    SEC: First-of-Their-Kind Actions Take the Spotlight in 2015

    2015-10-23T09:30:00Z

    The Securities and Exchange Commission continued to build a strong record of first-of-their-kind cases that spanned the spectrum of the securities industry, according to the agency’s fiscal year 2015 enforcement report. The SEC filed 807 enforcement actions, obtaining approximately $4.2 billion in disgorgement and penalties—an increase from the 755 enforcement ...

  • Blog

    AICPA Moves Closer to Audit Data Standards

    2015-08-05T16:00:00Z

    Image: The AICPA has finalized two audit data standards for sub-ledgers, focused on order to cash and procure to pay. Companies that voluntarily adopt such standards, which provide a framework covering data fields and files commonly requested by auditors, could find the work to fulfill auditors’ file requests trimmed from ...