IDEA Users Working Remotely: We’re here to help! Please contact our IDEA Help Desk to ensure there is minimal disruption to your daily workflow.


Blog Image

Financial Services

CaseWare IDEA Applications

IDEA is useful in most areas of banking & credit unions including current accounts, personal and corporate lending, treasury functions and investment accounts. The usual guidelines on volume and depth apply. However, in some banking/credit union systems, the volume of transactions can be too great to download to a personal computer. It may be appropriate to download a segment of the data (e.g., a region) or a selected number of fields.

Regulatory Compliance


  • Compile and chart data based on account types and service usage utilizing demographic information captured in central information, depository and loan systems to document CRA compliance
  • Analyze loans to insiders to document compliance with regulatory lending limitations
  • Identify large depositors and borrowers for regulatory examiners
  • Review currency transactions to ensure large cash transactions are properly reported
  • Check depository account holds and compare them to the posted Funds Availability Policy to ensure compliance with Reg CC
  • Roll up Call Report Data and compare to prior reports to detect variances
  • Compare Call Report information to FR2900 to detect reporting variances
  • Calculate Regulatory Capital Requirements


Depository Accounts


  • Check interest and service charge calculations
  • Easily identify data input coding errors
  • Compile demographic information for compliance examinations
  • Analyze transaction activity
  • Compile demographic information for compliance examinations
  • Age interest bearing deposits by maturity date to analyze interest rate risk
  • Analyze account activity and services used by type of account to evaluate service charge and interest pricing structures
  • Analyze depository portfolio by servicing officer, location, customer type, etc.


Loan Accounts


  • Summarize loan portfolio information based on data in any field
  • Identify loans with unusual interest rates
  • Find loans with negative balances or balances larger than the original amount
  • Summarize loans by collateral and purpose to analyze portfolio risk
  • Review and analyze underlying collateral on loans secured by accounts receivable and inventory
  • Check interest and service fee calculations
  • Create custom reports on new, renewed, and past due loans
  • Analyze loan portfolio by servicing officer, location, loan type, etc.




  • Age investment portfolio to analyze interest rate repricing risk
  • Stratify portfolio by size
  • Summarize portfolio by type, issuer, interest rate, maturity, etc.
  • Create charts of investment portfolio information


Fixed Assets


  • Compare book and tax depreciation and indicate variances
  • Identify fully depreciated items and assets higher than replacement costs
  • Recap asset values, in dollar value order, by net or cost amount
  • Recalculate expense and reserve amounts using replacement costs
  • Compare useful lives of assets by category
  • Extract assets with useful lives or depreciation rates beyond set norms


General Ledger


  • Speed closing with quick account reconciliations and adjustment transactions
  • Easily calculate financial ratios and changes for income/assets, debt/equity, etc.
  • Calculate and sort percentage variances in accounts between periods
  • Analyze year-to-date activity for large operating accounts
  • Compute weighted averages and interest rates
  • Create custom balance sheets, P & L statements, cash flow analyses, etc.


Other Applications


  • Verify data processing information prior to and after software upgrades or conversions
  • Summarize transactions by time period and location to analyze staffing needs

Areas of Applications , CaseWare IDEA

Posted By

By Audimation Team

Related Posts
Conflicts of Interest
Nov 15 Conflicts of interest (COI) occur when an employee must choose between the financial interests of the company and their own personal benefit. Over the years, I...
New & Updated Apps Available in the IDEA Marketplace
Nov 11     Suite of tests designed to analyze employee and payroll data to rank potential violators by risk level in a scorecard format. Quickly ident...
5 Avenues for Importing Data into IDEA
Nov 21 One of the greatest benefits to CaseWare IDEA is the sheer amount of data it can read and make universally consumable – both in file types and in data length....

This website has been designed for modern browsers. Please update. Update my browser now