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Audit False Positives: Why a 95% Accurate Test Is 98% Wrong
Published 16 days agoย โขย 7 min readย โขย Audit Analytics
Pattern Chaser: Audit Analytics for Internal Audit and still 98% wrong. PATTERN CHASER Audit Analytics for Internal Audit in Financial Services Your test is 95% accurate And still 98% wrong. Why your exception report is mostly noise, and the one move that fixes it. Hey Reader ๐ Right now, somewhere, an auditor is opening a file they didn't ask for. Around fifty thousand transactions in it, every one flagged by the exception testing the firm just paid good money for. Three people to work...
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