Audit season is starting to heat up and with that comes the job of making sure your company doesn’t get burned. What better way to beat the heat than by heading to the beach? That is why we’ll be attending the IIA & ISACA 2016 Governance, Risk, and Control Conference in our own backyard - sunny Ft. Lauderdale beach - from August 22 – 24.
Can internal fraud be entirely prevented?
That is the question on the minds of financial and auditing professionals everywhere as the latest findings on internal fraud reveal how weak internal controls are mostly to blame. According to the 2015 Kroll Global Fraud Report, 75 percent of companies across the globe have experienced a fraudulent incident within the past year. Of companies where fraud occurred and the fraudster was identified, 81 percent were targeted by at least one insider.
While attending SAPinsider GRC 2016 Conference in Vienna this past week, we officially announced the opening of our first European office in the UK . With a growing number of European companies using Access Analyzer , it was the next logical step for us to have a physical presence in this market and we are beyond excited!
A year-end external audit means the pressure is on for audit professionals to gather data in a limited time frame. Without an efficient way to capture and present this data, not only will the audit become longer and costlier, but external auditors may conclude that the data is not complete or accurate enough.