In a drive to battle fraud and corruption, the US Department of Justice has come to rely on data analytics to identify and prosecute cases of corporate crime across a diverse portfolio of matters. This success has created new pressure on compliance departments and internal audit teams, which are now expected to use the same tools to monitor their own organisational data, identify issues and remediate weaknesses proactively.
Control Risks understands that internal audit teams are under pressure to deliver more value to stakeholders but don’t have the capacity or technology needed to manage or examine large data volumes. Our data-driven audit programme provides continuous auditing analytics that examine relevant data such as finance and accounting data, risk control data and business procedures.
Our data-driven audit programme helps internal audit teams to:
Download our brochure and find out how you can transform your team into a proactive risk-based audit provider:
Since the United States Department of Justice (DOJ) updated its FCPA guidance on managing corporate compliance programmes in 2020, companies have continued to try and leverage their own compliance programmes as regulatory scrutiny intensifies now more than ever before.
Our forensic data analytics team helps organisations analyse high volumes of financial, operational and transactional data.