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ACL (Audit Command Language)
90
MOHD DANIEL HAIKAL
NG PHUI FUNG
ACL (Audit Command Language)
HISTORY
HISTORY
The Creator of the ACL is a man named Hartmut J. Will otherknow as Hart Will.
CREATOR OF ACL
He created the ACL while working in the faculty of commerce at a university
CREATOR
He developed the software for a data bank and model bank audit.
In 1987, Will and his son launch the commercial business ACL service LTD
In 2012 ACL expanded and shifted towards cloud based Saas (Software as a service) business model
COMPANY (GALVANIZE)
COMPANY
In 2021, Galvanize announced they have been sold to Diligent Corp.
INTERFACE
SOFTWARE INTERFACE
DATA SCIENTIST
REVENUE ASSURANCE PROFESSIONAL
ACCOUNTANT
WHO WILL USE THIS SOFTWARE INTERFACE?
AUDITORS
BUSINESS
FUNCTION
FUNCTION CAPABILITIES
DATA EXTRACTION
FUNCTION
ANALYSIS SOFTWARE
FUNCTION
FRAUD DETECTION
FRAUD PREVENTION
RISK MANAGEMENT
FEATURE
FEATURE
SAVE TIME
INCREASES THE QUALITY
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reliability of the audit work done
ACL capabilities
CAPABILITIES
1. Create and update work files
based on client’s production
2. Classify into categories and
cross-tab
3.Data coding, record formats
and data structures
Usage
USAGE
Audit Command Language (ACL) Analytics is a data extraction and analysis software used for fraud detection and prevention, and risk management.
ACL is a powerful tool used by auditors in performing audit. As more and more firms use computers to handle data, the ability of auditors to perform computerized audits becomes increasingly vital.
Software Cost
SOFTWARE COST
On an annual subscription basis, prices range from less than $10,000/year to $1 million or more a year.
Companies
LIST OF COMPANIES
FBI
Bank
Microsoft
Airline