Internal Audit

Data Analysis and Collaborative Analytics Technologies

Internal Audit
Data Analysis for the 21st Century Auditor

Internal auditors today are under pressure to provide relevant insights, have a clear understanding of what’s happened in the past, and to deliver intelligent and evidence-based opinions to address organizational risks. IDEA® Data Analysis software helps internal auditors meet these challenges. A powerful and user-friendly tool, IDEA allows internal auditors to: 

  • Analyze 100% of data regardless of variety, volume or location so you can be confident in your conclusions
  • Access to more than 100 audit-relevant tasks at your fingertips (no prior programming knowledge required)
  • Improve operations, compliance initiatives and internal audit reputation
  • Protect the integrity of your data
  • Use platform for the entire audit team to share data analysis insights in real-time
  • Share findings across your business to get your audit recommendations into operations
Collaborative Analytics for GLOBAL Audit Teams

To process large data sets quickly and perform faster analysis for internal audits, IDEA Server is the tool for the job. A collaborative analytics platform, IDEA Server processes data sets fast by using server-based processing rather than the traditional desktop version of IDEA for data analysis. With one platform to house the disparate data drawn from multiple systems along with the accompanying analytics, the internal audit team can make synchronized decisions based on accurate information. Learn more about IDEA Server

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IDEA Data Analysis software is loaded with a wealth of tools and features that help internal auditors add value to the business:

  • Universal file conversion capabilities and Import Assistant to make file importing easy
  • Common audit functions such as Gap Detection, Field Manipulation, Summarization, Sampling, Stratification, etc.
  • A range of advanced analytics including Fuzzy Duplicate and Benford’s Law
  • Auto-generated or custom-built data visualizations with the Discover and Visualize features
  • Project Overview, which creates an accurate and reliable audit trail of all tasks completed within a project
  • Access to Passport, the gateway to IDEA 10 tutorials, how-to videos, Support, forums and more
  • Readily available IDEA resources, such as YouTube videos for common audit tasks such as gap detection, summarization, stratification and more