Discuss what an auditor should look for in testing for payments to fictitious vendors and how ACL can be used to assist the process
Numbers from fictitious vendors may be in something close to an unbroken sequence. The ACL sort function can be used to identify sequentially numbered records that need review.
Vendors with P.O. Boxes need to be investigated. They can be identified using a filter.
Vendors with employee addresses can be identified by using join to link the employee and vendor files.
Multiple companies with the same address can be identified using the duplicates command.
Invoice amounts slightly below the review threshold merit review and can be identified by using ACL's expression builder to create a value range close to the threshold. Identified records can be sorted for further review.
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