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I showed them how to save time, and become more precise and strategic in their approach to auditing. The work was both challenging and rewarding, and I was able to help clients expand their own skills in using data analytics to add more value to their work. My new role expanded beyond audit into sales, training, technical support, and marketing. The IDEA connection opened a door for, which led to a new opportunity to work with the Nordic IDEA distributor.

I came across an article in a paltry tech newsletter written for auditors that featured a story about an audit manager in Oslo Norway who was using IDEA to conduct more efficient engagements. Without knowledge of Norwegian procedures, language or practices, I was declined for an office transfer, but I didn’t let that stop me. In 1998 my life took an unexpected turn when I traveled to Norway on vacation and fell in love. The ability to automate testing, get accurate results and analyze the entire data population quickly built a groundswell of support for using data analytics among the audit community. Watching fellow professionals see the value and time savings IDEA offered was extremely rewarding. I attended regional conferences and began speaking about data analysis to help share what I had learned.

It was a game-changer and I championed the use of data analytics on all client engagements that had large amounts of auditable data within their systems. I was eager to broaden my use of CAATs and share the benefits I was discovering with anyone who would listen. This new skill set was propelling me into a direction I never anticipated. The more experience I gained, the more valuable I became. The lower-level work was behind me, and I could immediately see how developing my skills using data analytics was pushing me forward. Armed with a laptop, I was sent out on client engagements to work with the IT staff to obtain the required files and perform audits. Management took note of the efficiency I was achieving. As a result, my engagements were reduced from days to hours. I began using IDEA to import files, total or foot key amounts, and perform aging analysis. Commands such as importing, sorting, extracting, aging, and joining were executed using typing commands.
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If there was a tool I could use to save days of work and free me to focus on more meaningful tasks, there was no reason not to learn how to use it.Īt that time, IDEA ran on MS-DOS, so there was no graphical user interface.
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While I may have been a bit green, I did immediately see the value in avoiding the manual process of sifting through thousands of journal pages and having to foot client journals and search for anomalies. He was completing engagements in a fraction of the time, and I was blown away. Once he knew he had the entire data population, he aged the database and performed all types of queries on the data. He imported the accounts receivable report for the entire year, totaled the amounts and compared it to the physical copy. He was using IDEA to import client general ledgers and foot the totals. The senior auditor using CaseWare IDEA was on to something. There simply wasn’t time nor the budget to do more, and we were working at a snail’s pace in a data-rich environment that seemed to be growing exponentially. Other auditors were still footing large journals, locating transactions manually and testing a small fraction of financial information. He was one of the very few auditors using Computer Assisted Audit Techniques (CAATs). He was somewhat ahead of his time and I paid close attention. One audit engagement involved working with a senior auditor who performed his work on a laptop – something that was rare in the mid-90s.
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I stuck with it to fulfill my professional plan of working my way to the top and gave 110% every day. My job on audit engagements was to follow instructions, work long hours and resist the urge to complain. The prospect of working for a well-known firm on Madison Avenue in New York was exhilarating, but like many young professionals, I started at the bottom. Like many young professionals, I graduated from college and went to work for a Big 10 accounting firm. What I didn’t realize is the magnitude of its impact. Very early in my career, I realized the importance of embracing and learning to use technology in my work would generate opportunities. It has the capacity to make the world feel smaller, and make us feel more connected.
