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The quality and value of your audit is directly linked to your ability to bring competence, independence and due professional care to the engagement. In this era of digital evidence you need to harness the best available tools to scrutinize digital transactions in increasingly complex computer environments. With data being integrated from numerous sources throughout the organization, the ability to examine transactions in relentless and sceptical detail is not a nice to have – it’s a must have.
InformationActive Inc. is dedicated to providing auditors with the software and training they need to satisfy their most important audience - shareholders and potential investors. Your job one is to reduce investor risk by attesting to the truthfulness of the firm’s transactions. This covenant is the core of SOX and other similar procedural legislation and guidelines in the US and around the world.
With over 550 million computers in use today and over 90% of all financial records in digital format, auditors 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 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 audit opinion.
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.
