RiskReasoningHigh complexity
Full-Population Testing
Test every transaction in a ledger instead of a sample, and focus auditors on the exceptions.
How we approach it
Load the full general ledger and sub-ledgers, run rule-based tests and anomaly models across every entry, and rank exceptions by risk. Auditors investigate the flagged items and document their conclusions. The method and its limits are recorded in the audit file.
Business value
Wider coverage with the same audit team
Technology stack
- Data extraction
- anomaly detection
- rules engine
- audit workflow
Related service
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