Balance sheet cosmetics or manipulation?
Balance sheet manipulations have made quite an impact in the media in recent years with cases like Enron and WorldCom. But, beyond that, there has been a series of inconsistencies in the more recent past that have affected almost every industry. Recent cases include the Serie A in Italy, where two clubs are currently threatened […]
The dilemma of the weekend
In a previous series, we have already discussed the risk of postings at the weekend and demonstrated how postings of this type can be identified in SAP. However, we did not take into account that not all weekends are the same. These days, a large number of companies have units to be audited abroad, or conduct […]
Data Science in Auditing: What exactly are decision trees and what are they used for?
Machine Learning (ML) and Artificial Intelligence (AI) are both hot topics right now, but the audit industry is having trouble developing suitable use case scenarios. The reasons for this can be manifold, so what we would like to do here, with this series on data science, is to provide you with the basis you need […]
Is someone giving your sales revenues a “haircut”?
Giving sales revenues a “haircut” is often a way of helping managing directors and sales managers when their targets are slipping away from them. We look at this specific pattern of manipulation of sales revenues and how you can identify it in your SAP data. The sales revenue “haircut” with no effect on net income […]
3 data analyses for auditing the payment program in SAP
In our last blog post, we provided you with a general overview of some of the peculiarities of the payment program in SAP. This time round, we are going to look at things in more detail and have prepared 3 data analyses that you can use to audit the payment program in SAP. But before we […]
Payments & Co.: The questions that you should always have been asking yourself about the payment run in SAP
We are all familiar with it, and most probably all of you use it, but perhaps only some of you have ever asked yourself the question: How do you audit it? What we are talking about is nothing less than the payment program in SAP. In this article, we explain the issues involved and how […]
Are your receivables in the right place in the balance sheet?
Entering business transactions in the correct accounts is one of the basic requirements for proper accounting. In today’s blog post, we will therefore consider the correct way of entering receivables in SAP. I will show you how you can check in SAP whether your receivables accounts contain similar business transactions or whether postings are being […]
Tax trap @ its best: Late invoicing not only means you get paid later…
…but that the tax office does too. Here, once again, what we are talking about is, of course, sales tax. We will shed light on when sales tax is actually incurred and is thus to be declared accordingly… and how you can find out in SAP whether you are behind with sales tax. Because, for […]
Uncovering disguised profit from sales tax in SAP
When the tax auditor comes to visit, there are always a number of challenges that need to be overcome. In some exceptional cases, however, the auditor’s visit is not necessarily announced beforehand, which is precisely why you should read this article carefully. To mention all the challenges here would definitely go beyond the scope of […]
Has your goods receipt/clearing account also degenerated into a garbage dump?
A good purchasing process in SAP uses a goods receipt/clearing account (GR/IR account) to always have an overview of the goods you have already received and for which you have already received an incoming invoice. In practice, unfortunately, I am forever seeing eternally open positions in this account, i.e. what basically amounts to an “accounting […]