Analyzing Accounts Payable in IDEA® is a half-day, instructor-led case study that walks students through their role as an auditor hired at Bright IDEAs, Inc. to perform an Accounts Payable audit and fraud investigation. The auditor evaluates business and audit risks associated with AP and then reviews potential tests that can be used to address those risks.
The case study includes a review of using IDEA to import data files, profile payments, extract unusual transactions, using Benford’s Law, join data files and much more. We will also utilize a portion of the IDEA Data Analysis Workbook for your reference.
**Please note participants are required to be actively engaged in the class and complete coursework to qualify for CPE credit.**
4 Hours (4 CPE)
Field of Study
AS101 Intro to IDEA
After completing this training, participants will be able to:
Extract unusual transactions including rounded amounts, cash, and zero dollar payments
Identify payments made above authorized transaction levels
Identify missing checks and payments with unusual timing
Detect invoices paid in irregular time frames
Find “after-the-fact” invoices
Identify payments made to unauthorized suppliers
Caseware International, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of the continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org
For concerns regarding course offerings, certifications or complaints, please contact:
Sarah Davies, Training Services Administrator