Year 12 – 1999 – Part 2 – Drilling down into A/P risks

Technically, we were still in the planning phase of the A/P audit – but had already identified several areas of risk that needed to be analyzed further. The early payments represented a potential fraud.  If you paid within 15 days, you should receive an early payment discount of between 1.5 -2.5% depending on the vendor’s terms.   In addition to reviewing the invoices with ‘immediate’ payment terms, we calculated the difference…

May 23, 2016
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Year 8 – 1995 – HR analysis

Our analytics team was running on all cylinders and achieving significant results.  There was not just my opinion, we received an ISACA Award of Excellence at the Info Tech Audit ’95 conference for leadership and contribution to IT Audit Community.  Amazingly, it was a $1,000 cash award.  The team (3 people) went for out for a celebratory dinner and donated the remaining funds to a local charity. By how we…

April 18, 2016
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