Software for forensic work in internal audit

Internal Audit 794 views 1 replies

In the process of doing forensic audit (e.g. detection of billing/invoicing fraud) an accountant tends to look at things like:

Duplicate vendors

Duplicate bills

Dubious bills with large amount given to consulting professionals with unclear value addition

Vendors with unusually large volume of money outgoing

Bills processed at certain covenient times like financial year ending

Is there any software in the market which will work with existing accounting and erp system databases like SAP, Tally, Oracle etc. and detect such transactions?

Replies (1)

Check once "CAAT" i.e., Computer Aided Audit Trainings and with ICAI you will find more guidance on forensic audit.


CCI Pro

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