IDEA Professional Service
Pertain the existing of data, the IDEA application in all circumstances is applicable to most company’s activities, either audit or non-audit processes.
GPertain the existing of data, the IDEA application in all circumstances is applicable to most company’s activities, either audit or non-audit processes. In audit process, IDEA is applicable to map the audit scope or area, examine the effectiveness of a control process, find out the anomalies and indications of fraud, and support the achievement of the audit objectives. While in non-audit process, IDEA is applicable in filtering and cleaning data, validating data integrity, and even reconciling data. It is therefore, we provide services which enabling you to optimize utilization of IDEA.
Our services include:
Development of the customized IDEA Script adjusted to the audit objective.
Module development for the data reconciliation process in banking system.
Outsourcing data analysis activity using IDEA for problem solving, fraud identifying, and etcetera.
Development of visualization module/dashboard for the IDEA Data Analysis result presentation.
Import and data Analysis process from the SAP® into IDEA Data Analysis using SmartExporter and assistance in SAP data Analysis process in accordance to the audit objectives.
Assistance in applying IDEA Smart Analyzer, which is the tools to help the automation process, especially related to the financial audit process (GL, AP, AR, Inventory and Fixed Assets) and other business process.
“ Two years ago we didn’t expect that in this pandemic phase, IDEA and Pentana Audit software utility could really help in a remoted audit process, in term of the desk audit process as well as the reporting activity process. With IDEA data analytic, the process of the desk audit can save the field work & visit time up to 70%, this could happen because IDEA can analyzed and do the data processing to identify risks and spesific scoop at the beginning of the desk audit process. ”
“ Our audit teams use a data extraction and analysis tool, IDEA. This allows teams to analyse large amounts of financial data. Using IDEA, we can access such data in seconds, saving time and money for our clients. ”
“ I absolutely recommend IDEA. It lets us quickly analze 100% of our data using repeatable procedures. It’s also advanced enough to provide what I call a ‘one-click’ solution where it creates a dashboard populated with charts and field statistics that make it easy to see the outliers. Generating a result with just a couple of clicks is awesome. ”
“ We use data analytics in all phases of the audit. During the planning stage, we use it for scoping and sizing. During fieldwork, we use IDEA because we can analyze the entire population, which would not be possible with manual analysis. IDEA makes it easy to create new tests and narrow the population so we can focus on anomalies and exceptions. ”
“ Pentana Audit helps us understand our risk better which helps us be prepared for any type of event by enabling a continuous risk-based audit execution process. With Pentana Audit we are now more adaptable for changes and that makes us better prepared for emerging risks. ”
“ It’s been an incredibly effective way for us to build the risk culture within the organization. All of our lines of business now know the name Pentana! ”
“ With Pentana Audit we are saving approximately 100 working hours per audit and with an average of 12 audits every year that is an astounding saving. ”