ACL / Galvanize HighBond
Definition
A purpose-built audit analytics platform (originally Audit Command Language) that imports financial data, executes statistical and rule-based tests, and produces exception reports with reproducible scripts suitable as documented audit evidence.
- Origin name
- Audit Command Language
- Current name
- Galvanize HighBond
- Function
- Imports financial data, runs statistical and rule-based tests
- Output
- Exception reports with reproducible scripts
- Use case
- Fraud detection and continuous monitoring
Common questions
What makes an ACL/HighBond exception report usable as audit evidence?+
Its scripts are saved and rerunnable, so an auditor or opposing expert can execute the same script against the same data and reproduce the identical exception list, which supports the reliability of the finding under scrutiny.
How does this differ from running the same checks in a spreadsheet?+
The platform is built to process full data populations rather than samples, log every test step automatically, and re-run scheduled tests unattended for continuous monitoring, which a manual spreadsheet workflow does not do reliably.
Related terms
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- Continuous Monitoring
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- IDEA
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- Network Link Analysis
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