Tackling Complexity: Process Reconstruction and Graph Transformation for Financial Audits

Michael Werner, Martin Schultz, Niels Müller-Wickop, Nick Gehrke, Markus Nüttgens

Publikation: Bidrag til bog/antologi/rapportKonferencebidrag i proceedingsForskningpeer review

Abstrakt

A key objective of implementing business intelligence tools and methods is to analyze voluminous data and to derive information that would otherwise not be available. Although the overall significance of business intelligence has increased with the general growth of processed and available data it is almost absent in the auditing industry. Public accountants face the challenge to provide an opinion on financial statements that are based on the data produced by the automated processing of countless business transactions in ERP systems. Methods for mining and reconstructing financially relevant process instances can be used as a data analysis tool in the specific context of auditing. In this article we introduce and evaluate an algorithm that effectively reduces the complexity of mined process instances. The presented methods provide a part of the foundation for implementing automated analysis and audit procedures that can assist auditors to perform more efficient and effective audits.
OriginalsprogEngelsk
TitelProceedings of the 33rd International Conference on Information Systems
RedaktørerF. George Joey
Antal sider12
Udgivelses stedAtlanta, GA
ForlagAssociation for Information Systems. AIS Electronic Library (AISeL)
Publikationsdato2012
ISBN (Trykt)9780615718439
StatusUdgivet - 2012
Udgivet eksterntJa
BegivenhedThe 33rd International Conference on Information Systems. ICIS 2012 : Digital Innovation in the Service Economy - Orlando, Florida, USA
Varighed: 16 dec. 201219 dec. 2012
http://icis2012.aisnet.org/

Konference

KonferenceThe 33rd International Conference on Information Systems. ICIS 2012
LandUSA
ByOrlando, Florida
Periode16/12/201219/12/2012
AndetICIS is the major annual meeting of the Association for Information Systems (AIS).
Internetadresse
NavnProceedings of the International Conference on Information Systems
ISSN0000-0033

Emneord

  • Business process modeling
  • Data mining
  • Process mining
  • Business intelligence
  • Data analysis
  • Enterprise resource planning systems
  • Financial audits

Citationsformater

Werner, M., Schultz, M., Müller-Wickop, N., Gehrke, N., & Nüttgens, M. (2012). Tackling Complexity: Process Reconstruction and Graph Transformation for Financial Audits. I F. G. Joey (red.), Proceedings of the 33rd International Conference on Information Systems Association for Information Systems. AIS Electronic Library (AISeL). Proceedings of the International Conference on Information Systems https://aisel.aisnet.org/cgi/viewcontent.cgi?article=1230&context=icis2012