Integration tool Caseware-IDEA

Audit And Assurance Software Watch Day
Brussels, October 15 2014
Integration tool Caseware – IDEA, Internal Audit of
the TEC Group
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Agenda
1.
1. Presentation
Presentationof
ofthe
theTEC
TECGroup
Group
2.
2.
3.
3.
4.
4.
5.
5.
Position
Positionof
ofInternal
InternalAudit
Audit
Value
Valueof
ofaatool
toolfor
fordata
dataanalysis
analysis
Example
(STIB)
Example
Conclusion
Conclusion
(STIC)
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1.
Presentation of TEC Group
1.1. Structure and organisation
Service Public
de Wallonie
DG02
Walloon
Governement
(MIVA)
(STIB)
(MIVG)
SOCIETE REGIONALE
WALLONNE
DU TRANSPORT
(SRWT) (STIB)
(STIC)
TEC HAINAUT
TEC CHARLEROI
TEC BRABANT
WALLON
TEC NAMURLUXEMBOURG
TEC LIEGEVERVIERS
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1.
Presentation of TEC Group
1.1. Structure and organisation
(STIB)
(STIC)
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1.
Presentation of the TEC Group
1.2. Main figures of 2013
The TEC Group involves :
- 4.909 employees, including 3.200 drivers
- 2.482 bus and trams
- 70 depots and maintenance centers
(STIB)
- 118 millions kilometers covered
(STIC)
- 298 millions passengers
- 110 millions € fare revenues
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1.
Presentation of the TEC Group
1.2. Main figures of 2013
evolution of consolitaded Balance sheet and P & L account
Consolitaded figures of 2013 (10³ €)
(STIB)
Balance sheet : 676.991 €
Profit & Losses : 577.486 €
(STIC)
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2. Position of Internal Audit
(STIB)
(STIC)
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3.Value of a tool for data analysis
Std 2300 : «Internal auditors must identify, analyze, evaluate, and
document sufficient information to achieve the engagement's
objectives. »
(STIB)
Std 2320 : « Internal auditors must base conclusions and engagement
results on appropriate analyses and(STIC)
evaluations. »
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3.Value of a tool for data analysis
The use of software by internal auditor in order to :
•Test globally similar elements
•Perform analytical testing
•Compare and merge data
•Detect and analyse mistakes
•Detect fraud
•eg
(STIB)
Prerequesites
:
•The data to analyse must be available
in an electronic
support
(STIC)
•The access to the data is authorized
•The software can use the data
•There is enough time to perform the
audit test
•The test will facilitate the audit work
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4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
Source file
SAP HR
(STIB)
(STIC)
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0
4. . Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
File SAP HR prepared
for importation in IDEA
(STIB)
(STIC)
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1
4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
(STIB)
File IDEA
(STIC)
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2
4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
4.158.482
records
(STIB)
(STIC)
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3
4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
Amplitudes
> 20 hrs
(STIB)
Drill down
(STIC)
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4
4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
Analysis in
SAP - HR
(STIB)
(STIC)
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4. Example
Determination overruns amplitude workdays drivers
from january 2007 to may 2012
(STIB)
Audit
trail
(STIC)
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5. Conclusion
1. The review and evaluation of the reports (produced by the
software) help to raise the right questions to the
management.
2. Thanks to the software, all data may be testing and global
conclusions may be raised/showed.
3. No sampling is required and it avoids discussions on
statistical aspects ….
(STIB)
4. More testing may be performed as it is automized : only the
scenarios must be defined
(STIC) auditors must still perform
5. The tool is helpful but internal
the risk analysis of the engagement and determine the
residual risk …the software can not do everything
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5. Conclusion
6.The quality and exhaustivity of the data (available
electronically) is important
7. A good comprehension of the software is key
8. There is no single solution …each environment is different
a detailed analysis before each engagement is required
(STIB)
9. It allows to find a needle in a haystack…
10. It reduces the risk of audit (STIC)
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Thank You. Questions ?
Benoît Laloux
Tél : +32 81 32 27 07
Fax : +32 81 32(STIB)
27 10
[email protected]
(STIC)
www.infotec.be
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