Audit Command Language (ACL) is one of the most popular Computer Aided Audit Tools (CAATs) among auditors. Designed by ACL Ltd (www.acl.com), this data analytics software enables auditors to identify trends, highlight exceptions, locate errors and potential fraud, analyse financial and time-sensitive transactions, cleanse and normalize data to ensure consistency and accuracy. Apart from attending formal ACL classes, it is possible to teach oneself how to use ACL software. All you need is a 'good' book and the ACL software itself. Generally speaking, the ACL software is expensive to buy but there are so many books available on Amazon (or e-bay) which come with the student version of this software. These books are relatively 'affordable' and can be of great help to someone who is serious about mastering ACL techniques and boosting their auditing skills set. Although not exhaustive, the list below provides some ACL books which I feel are quite good for those willing to learn ACL on their own:
- Information Technology Auditing and Assurance (with ACL software) *
- Auditing and Assurance Services: An Integrated Approach with ACL software
- MP Auditing and Assurance Services with ACL software
- Fraud Examination with ACL software
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1 comments:
ACL is a great product but IDEA is also very popular and even more user friendly to use.
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