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InformationActive has been working closely with the Association of Certified Fraud Examiners (ACFE) to tailor our products to the needs of fraud examiners and forensic auditors. From specialized training to specific function sets, we have worked hard to build hard working software to satisfy your most challenging requirements.
As a fraud examiner or forensic auditor you understand the impact of fraud discovery on a company. The ACFE has observed that the majority of firms in the United States are subject to one fraud each year and the losses because of fraud amounts to about 6% of gross sales for the average firm. These numbers can represent the difference between prosperity and extinction for most businesses. Detecting and eliminating fraud is a vital part of business survival and as a fraud examiner you need the best possible tools and procedures. InformationActive’s suite of tools and training materials ensure that you have cost effective and targeted solutions designed for efficient and thorough examinations.
With over 550 million computers in use today and over 90% of all financial records in digital format, fraud examiners need easy to use, high performance tools that can sift through enormous amounts of data quickly and effectively. A printout or physical “view” of the evidence is insufficient for fraud and audit testing. Digital records can easily be manipulated and altered for fraudulent purposes. InformationActive Inc’s tools let you quickly and effectively test all the evidence and give you the reports you need to accurately substantiate the validity of your fraud examination.
ActiveData For Excel is a highly functional Computer Aided Audit Tool (CAAT) that works inside Microsoft Excel. For smaller data sets (less than 1,000,000 records) or for clients who keep their records in Excel, ActiveData For Excel is the perfect tool to supplement your audit engagement. ActiveData For Excels smooth integration into the Excel environment means that it is easy to learn and use. Its low cost and low total cost of ownership means that the entire team can be equipped and running in no time.
In addition to specific audit/data analysis functions, ActiveData For Excel also has a number of tools that extend Excel and make it easier to use – letting you manipulate data, sheets and workbooks, from right inside the Excel environment.
For larger engagements, InformationActive Inc has created ActiveData For Office – a highly flexible, easy to use tool that quickly and accurately tests your audit evidence. ActiveData For Office is based on the Microsoft Jet database engine that powers Microsoft Access. This enables high speed and high performance data analysis and manipulation for up to 2 billion rows of data. Reports are published into Microsoft Excel so you dont have to leave the Microsoft Office environment you are comfortable with. ActiveData For Office also lets you design your own macros and track your work with an on-board audit trail that records every step.
InformationActive is certified by the National Association of State Boards of Accountancy (NASBA) to provide professional training that enables you to earn CPE credits while you learn to improve the quality and depth of your audit engagements using our products. For more information on InformationActive’s training products and services see the link on the right hand side of this page. These credits can often be used by professionals outside of the United States to fulfill their training requirements.
All InformationActive products and services are designed to save you time and money. Whether you use a couple of workbook or sheet management tools or use the full range of data analysis tools you’ll find something that provides you with payback within two or three uses.
To find out how your peers are using our products check our links on the left hand side of this page. These provide real live examples of how you can improve the scope or quality of your accounting practive, saving time and money for you and your clients.
