Analyzing Accounts Payable in IDEA® is a half-day, instructor-led case study that walks students through their role as an auditor hired to perform an Accounts Payable Audit and Fraud
Investigation at Bright IDEAs, Inc. 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.
4 Hours (4 CPE)
Field of Study
CI101: IDEA Data Analysis Level 1 and CI102 IDEA Data Analysis Level 2
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
Audimation Services, 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 or certifications, please contact: [email protected] or 346-207-9982.