The corroborated indications –
or the story of the pink Maserati
Let me tell you a story: A few years ago, we prepared an audit review at a company with zap Audit. It worked – albeit with a solid case of fraud. A company car was purchased at list price and sold in several steps from company code to company code throughout the entire group, each […]
First the infection rate drops, then tax: are you prepared?
On 12th June 2020, the German Federal Cabinet passed a short-term decision to reduce VAT as of 1st July 2020 as part of an economic stimulus package. What was intended as a well-intentioned aid measure to overcome the coronavirus crisis, quickly brought beads of sweat to the brow of many decision-makers. They had just come out of […]
10 duplicate payment fails every accounting professional should know
Duplicate payments happen time and time again in companies. We at zapliance have been dealing with this topic for quite some time now and have learned a lot about duplicate payments. In particular, what causes duplicate payments and how they occur. In this blog post, we lay out 10 types of duplicate payments that we’ve […]
How to use decision trees for chain transactions
Chain transactions are one of the more complex constructs in sales tax law and often a stumbling block in the sales tax return. Errors in location determination can lead to temporary double taxation, especially in the case of cross-border transactions, and of course, to expenses for the correction of these cases. What does the Highlander […]
Customer Feedback – An Important Instrument of Quality Management in Internal Auditing
In today’s blog article an elementary part of quality management is presented by Marc W. Theuerkauf: The measurement of customer satisfaction to identify potential opportunities for improvement. The article gives an insight into possible arrangements and practical tips for implementation. Mr. Theuerkauf is a CISA, a CCSA, a recognized auditor for audit systems, has been […]
3 steps for the compliance assessment of AI-based decisions
Remember the three “What can go wrong?” phenomena from our last blog article? Rule Blackbox Out-of-Context Bias Feedback Loop Bias In this article, we will use these phenomena to derive a procedure for a compliance-oriented assessment of AI-based decisions in companies. But before we get started, we need to make a distinction: When is AI used […]
Artificial Intelligence and Compliance. How does it all fit together?
Lifelong learning is now something that is expected of us everyday and we are facing major challenges with the rapid development of new technologies such as 5G, Artificial Intelligence (AI) and Robotic Process Automation (RPA). Now it is a matter of equipping the audit department with the appropriate competencies at an early stage in order […]
Account movements on the SAP test bench
Account movements, cash flow, debit, credit, credit or debit, you name it. Let’s take a look today at exactly what somehow connects them all: Movements on accounts. To do this, we will first take a look at all the accounts, select three interesting examples and take a closer look at them in a time series. […]
Journal Entry Testing: The Best Queries about Money in SAP
In German, there is a saying that everybody is going to be familiar with when the holiday season comes to an end, and it goes something like this: When the money runs out, there is still so much of the month left to go [„Am Ende des Geldes ist noch so viel Monat übrig”]. What […]
A look at audit analytics with a lack of belonging in SAP?
What about audit analytics that cannot be assigned to any process, such as purchase-to-pay or order-to-cash, and are therefore often forgotten? We have developed a particular category for this, which is called “cross-process”. This blog article revolves around exactly these analyses. What audit questions are behind it, what does the GoBD have to do with […]