What you don’t know can hurt you: Mining government data to fix issues, validate business processes, mitigate risk and improve financial statement reporting

Abstract: Governments face unprecedented challenges today. To navigate this era of increased accountability under reduced resources, you are expected to focus relentlessly on operational efficiency, cost effectiveness, productivity, service and innovation.

And that’s not all.

Scrutiny of public agencies is at an all-time high around the world. Today’s public servant is expected to know their business processes, identify and close the loop on red flags, transparently document and manage workflow, and collaborate with management and stakeholders in order to maintain full accountability to the taxpaying public and the lawmakers that represent them.

This 18-page eBook explores how government departments can leverage specialized risk and control analytics from ACL to:

  • identify and mitigate risks, including improper payments
  • identify opportunities for cost savings
  • improve financial statement reporting
  • stop fraud, waste, and abuse

Learn from the experts on how to “listen to your data.” These tips will help you self-scrutinize for audit-readiness, fix issues quickly and build a stronger, more fiscally robust, more effective department.

Sponsored by: ACL

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