Read why American Water uses IDEA Data Analysis in its audits.
"Being able to accomplish a task while everyone else says it is impossible to do is priceless. I am able to do this using IDEA® and present results within minutes."
SLIDESHARE: www.slideshare.net/CaseWare_Analytics
WEBSITE: www.casewareanalytics.com
BLOG: www.casewareanalytics.com/blog
TWITTER: www.twitter.com/CW_Analytic
Success Story: How American Water uses Data Analytics to Improve Audit Coverage
1. HOW AMERICAN WATER USES DATA
ANALYSIS TO IMPROVE AUDIT COVERAGE
SUCCESS STORY
2. American Water has a number of auditors
who use IDEA data analysis software to
analyze large data sets and improve the
efficiency of the company.
DAY-TO-DAY USE OF
DATAANALYSIS
3. In one case, the audit team was asked to deal
with a report that was practically unusable.
They were only able to see the last page to
find totals and Microsoft Excel and Microsoft
Access were not able to extract meaningful
information.
So the team turned to IDEA...
CHALLENGE
4. Within minutes they were able to convert the
data using the print report/PDF function to
transform the report into a readable format.
SOLUTION
5. For the auditors at American Water, being able to
accomplish a task that everyone says is impossible
is priceless. IDEA allows them to analyze large data
sets and present results within minutes.
BENEFITS
6. The audit trail (history) function within IDEA is able
to show all the steps that were completed during
the analysis and demonstrate that the results are
reliable.
BENEFITS
7. When analyzing large data sets, IDEA can handle
much larger files compared to Microsoft Excel. It
also offers checks and balances that prevent the
user from manipulating the integrity of the data.
BENEFITS
8. “I would absolutely recommend IDEA to my
colleagues or anyone dealing with data who would
like to analyze it quickly and reliably”
RECOMMENDATIONS
9. HOW AMERICAN WATER USES DATA
ANALYSIS TO IMPROVE AUDIT COVERAGE
SUCCESS STORY
Visit casewareanalytics.com
Email connect@caseware.com