IDEA
Definition
Interactive Data Extraction and Analysis: an audit data analytics tool that supports Benford analysis, duplicate detection, stratification, and custom query filters across structured data files exported from accounting systems.
Related terms
- ACL / Galvanize HighBond
- A purpose-built audit analytics platform (originally Audit Command Language) that imports financial data, executes statistical and rule-based tests, and produces exception reports...
- Benford's Law
- An empirical regularity in naturally occurring numerical datasets: the leading digit follows a logarithmic distribution, with 1 appearing about 30% of the...
- Continuous monitoring
- An automated control framework that applies fraud indicator tests to transactions as they are processed or on a frequent scheduled basis, generating...
- Fuzzy matching
- A string-comparison technique that identifies near-identical records by measuring edit distance or phonetic similarity rather than requiring character-exact matches. Used in duplicate...
- Network link analysis
- A technique that represents entities (vendors, employees, bank accounts, addresses) as nodes in a graph and shared attributes as edges, enabling investigators...
Explained in
- Data Analytics and Continuous Monitoring in Fraud DetectionInteractive Data Extraction and Analysis: an audit data analytics tool that supports Benford analysis, duplicate detection, stratification, and custom query fi...