ACL Presentation




ACL Presentation

ACL Products: An Overview




DataConsulting Ltd          13 February 2012 • 1
ACL Presentation




 Agenda
  Who we are

  Services

  ACL

  Demo

  Questions




DataConsulting Ltd   13 February 2012 • 2
ACL Presentation




  Data Analytics Specialists

  Expertise in Continuous Controls Monitoring (CCM), continuous
   auditing, business modelling, and spreadsheet assurance

  Expertise in ACL
                    UK Reseller & Implementer

                    Certified consultants and trainers

                    Over 35 years combined experience of ACL




DataConsulting Ltd                                              13 February 2012 • 3
ACL Presentation




DataConsulting Ltd   13 February 2012 • 4
ACL Presentation




  Ad-Hoc support

  Co-Source

  Outsource / Data Analytics bureau

  Certified training

  Coaching / Workshops

  Resource placement




DataConsulting Ltd                     13 February 2012 • 5
ACL Presentation




 ACL Products




DataConsulting Ltd   13 February 2012 • 6
ACL Presentation




 ACL Desktop

 Key Benefits
  Analyse entire data populations for complete assurance

  Identify trends, pinpoint exceptions, and highlight potential areas of
   concern

  Locate errors and potential fraud

  Identify control issues and ensure compliance with organisational and
   regulatory standards




DataConsulting Ltd                                                 13 February 2012 • 7
ACL Presentation




 ACL Desktop

 Key Benefits
  Age and analyse financial or any other time sensitive transactions

  Cleanse and normalise data to ensure consistency and accurate results

  Automate analytic testing and receive immediate email notification of
   results




DataConsulting Ltd                                               13 February 2012 • 8
ACL Presentation




DataConsulting Ltd   13 February 2012 • 9
ACL Presentation




 ACL Sample Applications
   Purchase to Payment: Duplicate payments, segregation of duties,
    requisition & purchasing limits, vendor master

   Order to Cash: Prohibited customer, unauthorised discounts, credit
    limits, missing sales order

   Purchasing Card: Invalid employees, duplicate purchasing cards,
    exceed transaction limit




DataConsulting Ltd                                              13 February 2012 • 10
ACL Presentation




 ACL Sample Applications
   Travel & Entertainment: Transaction limits, split transactions, prohibited
    merchants, commission checks, weekend & holiday transactions

   General Ledger: Validation of trial balance, duplicate journal entries,
    suspicious journal entries, reversed journal entries

   Payroll: Invalid/Unauthorised employees, overtime approval, retirement
    & termination




DataConsulting Ltd                                                 13 February 2012 • 11
ACL Presentation




 ACL AX Core

 Key Benefits
  Automation for greater efficiency

  Server security and speed

  Centralised working environment




DataConsulting Ltd                     13 February 2012 • 12
ACL Presentation




 ACL AX Core

 Key Features
  Automate analytics through the built-in AX Core scheduler – as easy as
   booking a meeting

  Network multiple servers to create virtually limitless analytic processing
   power

  The AX repository allows for the central storage of all audit content




DataConsulting Ltd                                                13 February 2012 • 13
ACL Presentation




 ACL AX Core

 Key Features
  Direct database interface for secure, read-only access to databases

  AX Core Client – An interface allowing the more specialized users to
   create and manage engagements

  Security and user rights for the AX central repository, managed through
   Microsoft’s Active Directory




DataConsulting Ltd                                              13 February 2012 • 14
ACL Presentation




 ACL Direct Link for SAP ERP
  Helps solve data access challenges by enabling direct and seamless
   access to your data

  Certified for integration with the SAP ERP application

  Gain independence and flexibility by selecting and extracting the SAP
   ERP data you need, when you need it, while minimising your reliance
   on busy IT resources




DataConsulting Ltd                                             13 February 2012 • 15
ACL Presentation




DataConsulting Ltd   13 February 2012 • 16
ACL Presentation




 ACL Direct Link for SAP ERP

 Key Benefits
  Direct, Seamless Access

  Automatic Formatting

  Data Integrity

  System Security

  Focused Queries

  Automation


DataConsulting Ltd             13 February 2012 • 17
ACL Presentation




 AX Datasource
  Add-on component for ACL AuditExchange that provides streamlined
   data access

  Powered by Informatica® PowerCenter®, the worldwide market leader
   in Extract, Transform and Load technology

  Provides audit teams dramatically expanded and streamlined data
   access capabilities that support automated data extracts and the ability
   to mask sensitive data




DataConsulting Ltd                                               13 February 2012 • 18
ACL Presentation




DataConsulting Ltd   13 February 2012 • 19
ACL Presentation




 AX Datasource

 Key Benefits
  Streamlined data access for more efficient and effective enterprise data
   audits

  Get the right data at the right time

  Confidence in the security of sensitive information




DataConsulting Ltd                                               13 February 2012 • 20
ACL Presentation




DataConsulting Ltd   13 February 2012 • 21
ACL Presentation




 AX Datasource enables organisations to
  Extract data from ERM and CRM systems, databases and industry-
   specific data format libraries

  Easily schedule and execute data extracts directly into the AX
   repository

  Create data mappings using the visual transformation tool




DataConsulting Ltd                                              13 February 2012 • 22
ACL Presentation




 ACL Acerno
  Add-in for Microsoft Excel that is designed for working with data
   analysed in ACL Desktop or AuditExchange

  Designed especially for auditors, Acerno makes Excel more efficient for
   investigating audit findings

  Seamlessly integrate results into working papers




DataConsulting Ltd                                               13 February 2012 • 23
ACL Presentation




DataConsulting Ltd   13 February 2012 • 24
ACL Presentation




 ACL Acerno

 Key Features
  Identify the data

  Understand the data

  Research the data

  Integrate results




DataConsulting Ltd       13 February 2012 • 25
ACL Presentation




DataConsulting Ltd   13 February 2012 • 26
ACL Presentation




 AX Gateway
  Provides audit with an intuitive web interface within the AuditExchange
   repository

  Teams can focus on value-based audits by reviewing relevant audit
   content, running analytics and uploading supporting documentation
   without requiring any existing ACL Desktop experience

  Advanced integration with Microsoft Office® productivity tools




DataConsulting Ltd                                              13 February 2012 • 27
ACL Presentation




DataConsulting Ltd   13 February 2012 • 28
ACL Presentation




 AX Gateway

 Key Benefits
  Point & Click Web Interface

  Advanced Integration with Microsoft Outlook, Word, Excel, PowerPoint,
   Visio and Project

  Increase Automation




DataConsulting Ltd                                            13 February 2012 • 29
ACL Presentation




 AX Exception

 Key Benefits
  Support continuous auditing and monitoring

  Increase internal audit’s value to the organisation

  Remediate issues quickly




DataConsulting Ltd                                       13 February 2012 • 30
ACL Presentation




DataConsulting Ltd   13 February 2012 • 31
ACL Presentation




DataConsulting Ltd   13 February 2012 • 32
ACL Presentation




 AX Exception enables organisations to
      Distribute exceptions to business stakeholders for review and resolution through
       a web-based interface

      Schedule automatic updates of exceptions

      Securely add supporting file attachments to any exception

      Assign exceptions to specific persons or roles for follow-up

      Configure resolution process stages and escalation timelines




DataConsulting Ltd                                                        13 February 2012 • 33
ACL Presentation




 AX Exception enables organisations to
      Provide secure, read-only view of analytic details

      Create an audit trail with extensive logs and the ability to enter notes

      Filter exceptions for review and analysis and support basic trending, pattern
       identification and management of false positives

      Integrate with several popular reporting tools

      Provide management with overall status view




DataConsulting Ltd                                                            13 February 2012 • 34
ACL Presentation




                                 ad hoc               repetitive                       continuous

                     Foresight                                                           Level 5
                                                                                       Monitoring

                                                                            Level 4
                                                                           Automated
Audit Contribution




                      Insight                                    Level 3
                                                                Managed



                                                Level 2
                                                Applied
                                      Level 1
                     Hindsight        Basic

                                                          Sophistication
   DataConsulting Ltd                                                                       13 February 2012 • 35
ACL Presentation




 AACM Technology
             1. Basic   2. Applied   3. Managed    4. Automated     5. Monitoring


                                     ACL Desktop

                                                     AX Core

                                                     AX Gateway & MS Add-ins

                                                                    AX Exception

                                     Direct Link

                                                           AX Datasource




DataConsulting Ltd                                                         13 February 2012 • 36
ACL Presentation




DataConsulting Ltd   13 February 2012 • 37
ACL Presentation




 Contacts
 North                                              London
 5 Appleton Court                                   Level 17, Dashwood House
 Calder Park                                        69 Old Broad Street
 Wakefield                                          London
 WF2 7AR                                            EC2M 1QS
 T: +44 (0) 1924 254 101                            T: +44 (0) 20 7256 4133




 W: www.dataconsulting.co.uk
 Twitter: @DataConsulting
 SlideShare: www.slideshare.net/DataConsulting_UK


DataConsulting Ltd                                                        13 February 2012 • 38
ACL Presentation

ACL Presentation

  • 1.
    ACL Presentation ACL Presentation ACLProducts: An Overview DataConsulting Ltd 13 February 2012 • 1
  • 2.
    ACL Presentation Agenda  Who we are  Services  ACL  Demo  Questions DataConsulting Ltd 13 February 2012 • 2
  • 3.
    ACL Presentation Data Analytics Specialists  Expertise in Continuous Controls Monitoring (CCM), continuous auditing, business modelling, and spreadsheet assurance  Expertise in ACL  UK Reseller & Implementer  Certified consultants and trainers  Over 35 years combined experience of ACL DataConsulting Ltd 13 February 2012 • 3
  • 4.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 4
  • 5.
    ACL Presentation Ad-Hoc support  Co-Source  Outsource / Data Analytics bureau  Certified training  Coaching / Workshops  Resource placement DataConsulting Ltd 13 February 2012 • 5
  • 6.
    ACL Presentation ACLProducts DataConsulting Ltd 13 February 2012 • 6
  • 7.
    ACL Presentation ACLDesktop Key Benefits  Analyse entire data populations for complete assurance  Identify trends, pinpoint exceptions, and highlight potential areas of concern  Locate errors and potential fraud  Identify control issues and ensure compliance with organisational and regulatory standards DataConsulting Ltd 13 February 2012 • 7
  • 8.
    ACL Presentation ACLDesktop Key Benefits  Age and analyse financial or any other time sensitive transactions  Cleanse and normalise data to ensure consistency and accurate results  Automate analytic testing and receive immediate email notification of results DataConsulting Ltd 13 February 2012 • 8
  • 9.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 9
  • 10.
    ACL Presentation ACLSample Applications  Purchase to Payment: Duplicate payments, segregation of duties, requisition & purchasing limits, vendor master  Order to Cash: Prohibited customer, unauthorised discounts, credit limits, missing sales order  Purchasing Card: Invalid employees, duplicate purchasing cards, exceed transaction limit DataConsulting Ltd 13 February 2012 • 10
  • 11.
    ACL Presentation ACLSample Applications  Travel & Entertainment: Transaction limits, split transactions, prohibited merchants, commission checks, weekend & holiday transactions  General Ledger: Validation of trial balance, duplicate journal entries, suspicious journal entries, reversed journal entries  Payroll: Invalid/Unauthorised employees, overtime approval, retirement & termination DataConsulting Ltd 13 February 2012 • 11
  • 12.
    ACL Presentation ACLAX Core Key Benefits  Automation for greater efficiency  Server security and speed  Centralised working environment DataConsulting Ltd 13 February 2012 • 12
  • 13.
    ACL Presentation ACLAX Core Key Features  Automate analytics through the built-in AX Core scheduler – as easy as booking a meeting  Network multiple servers to create virtually limitless analytic processing power  The AX repository allows for the central storage of all audit content DataConsulting Ltd 13 February 2012 • 13
  • 14.
    ACL Presentation ACLAX Core Key Features  Direct database interface for secure, read-only access to databases  AX Core Client – An interface allowing the more specialized users to create and manage engagements  Security and user rights for the AX central repository, managed through Microsoft’s Active Directory DataConsulting Ltd 13 February 2012 • 14
  • 15.
    ACL Presentation ACLDirect Link for SAP ERP  Helps solve data access challenges by enabling direct and seamless access to your data  Certified for integration with the SAP ERP application  Gain independence and flexibility by selecting and extracting the SAP ERP data you need, when you need it, while minimising your reliance on busy IT resources DataConsulting Ltd 13 February 2012 • 15
  • 16.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 16
  • 17.
    ACL Presentation ACLDirect Link for SAP ERP Key Benefits  Direct, Seamless Access  Automatic Formatting  Data Integrity  System Security  Focused Queries  Automation DataConsulting Ltd 13 February 2012 • 17
  • 18.
    ACL Presentation AXDatasource  Add-on component for ACL AuditExchange that provides streamlined data access  Powered by Informatica® PowerCenter®, the worldwide market leader in Extract, Transform and Load technology  Provides audit teams dramatically expanded and streamlined data access capabilities that support automated data extracts and the ability to mask sensitive data DataConsulting Ltd 13 February 2012 • 18
  • 19.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 19
  • 20.
    ACL Presentation AXDatasource Key Benefits  Streamlined data access for more efficient and effective enterprise data audits  Get the right data at the right time  Confidence in the security of sensitive information DataConsulting Ltd 13 February 2012 • 20
  • 21.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 21
  • 22.
    ACL Presentation AXDatasource enables organisations to  Extract data from ERM and CRM systems, databases and industry- specific data format libraries  Easily schedule and execute data extracts directly into the AX repository  Create data mappings using the visual transformation tool DataConsulting Ltd 13 February 2012 • 22
  • 23.
    ACL Presentation ACLAcerno  Add-in for Microsoft Excel that is designed for working with data analysed in ACL Desktop or AuditExchange  Designed especially for auditors, Acerno makes Excel more efficient for investigating audit findings  Seamlessly integrate results into working papers DataConsulting Ltd 13 February 2012 • 23
  • 24.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 24
  • 25.
    ACL Presentation ACLAcerno Key Features  Identify the data  Understand the data  Research the data  Integrate results DataConsulting Ltd 13 February 2012 • 25
  • 26.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 26
  • 27.
    ACL Presentation AXGateway  Provides audit with an intuitive web interface within the AuditExchange repository  Teams can focus on value-based audits by reviewing relevant audit content, running analytics and uploading supporting documentation without requiring any existing ACL Desktop experience  Advanced integration with Microsoft Office® productivity tools DataConsulting Ltd 13 February 2012 • 27
  • 28.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 28
  • 29.
    ACL Presentation AXGateway Key Benefits  Point & Click Web Interface  Advanced Integration with Microsoft Outlook, Word, Excel, PowerPoint, Visio and Project  Increase Automation DataConsulting Ltd 13 February 2012 • 29
  • 30.
    ACL Presentation AXException Key Benefits  Support continuous auditing and monitoring  Increase internal audit’s value to the organisation  Remediate issues quickly DataConsulting Ltd 13 February 2012 • 30
  • 31.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 31
  • 32.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 32
  • 33.
    ACL Presentation AXException enables organisations to  Distribute exceptions to business stakeholders for review and resolution through a web-based interface  Schedule automatic updates of exceptions  Securely add supporting file attachments to any exception  Assign exceptions to specific persons or roles for follow-up  Configure resolution process stages and escalation timelines DataConsulting Ltd 13 February 2012 • 33
  • 34.
    ACL Presentation AXException enables organisations to  Provide secure, read-only view of analytic details  Create an audit trail with extensive logs and the ability to enter notes  Filter exceptions for review and analysis and support basic trending, pattern identification and management of false positives  Integrate with several popular reporting tools  Provide management with overall status view DataConsulting Ltd 13 February 2012 • 34
  • 35.
    ACL Presentation ad hoc repetitive continuous Foresight Level 5 Monitoring Level 4 Automated Audit Contribution Insight Level 3 Managed Level 2 Applied Level 1 Hindsight Basic Sophistication DataConsulting Ltd 13 February 2012 • 35
  • 36.
    ACL Presentation AACMTechnology 1. Basic 2. Applied 3. Managed 4. Automated 5. Monitoring ACL Desktop AX Core AX Gateway & MS Add-ins AX Exception Direct Link AX Datasource DataConsulting Ltd 13 February 2012 • 36
  • 37.
    ACL Presentation DataConsulting Ltd 13 February 2012 • 37
  • 38.
    ACL Presentation Contacts North London 5 Appleton Court Level 17, Dashwood House Calder Park 69 Old Broad Street Wakefield London WF2 7AR EC2M 1QS T: +44 (0) 1924 254 101 T: +44 (0) 20 7256 4133 W: www.dataconsulting.co.uk Twitter: @DataConsulting SlideShare: www.slideshare.net/DataConsulting_UK DataConsulting Ltd 13 February 2012 • 38
  • 39.