ACL Audit Tutorial – Make the most of ACL Training Classes

A free ACL audit tutorial is a rare thing to find. The ACL software is generally licensed by a firm. This license is used to run ACL data analytics software for multiple users. Therefore, organizations invest in regular training sessions, which are conducted in-house. There are mainly two reasons for investing in ACL training classes. Firstly, most organizations are beginning to include analytics into the audit methodology. Therefore, the existing workforce needs to be scaled up to use the ACL audit software. Secondly, since ACL audit analytics is a very well known tool in the industry. Hence, it makes sense to have in-house experts rather than simply hire from the market.

ACL Audit Tutorial for Beginners

ACL Analytics Training
ACL Analytics Training

Many audit firms are still catching up with the inclusion of the technology in the firms. Particularly the smaller ones. Therefore, some of the seasoned staff members are resistant to such changes. It is important to gradually acclimatize such folks so they are prepared for the changes. Audit professionals are one such segment of employees. Extra efforts are made to bring them up to speed. So is the case with ACL Audit Tutorial sessions. Such sessions are designed to make the users familiar with the basic features of the ACL software tool. Therefore, these sessions focus on the GUI based approach. The trainees are taught to use the GUI to perform the basic analysis.

Customized ACL Audit Tutorial

There are two types of audit projects. These are the internal audit and the external audit. Both these types projects have an analytics component to them. Therefore, there is a need to customize the training needs of the users of the ACL data analytics. More complex tasks require knowledge of scripting. However, ACL audit training does not need to explore every advanced scripting concept. Most basic concepts like ACL program, ACL commands & functions are included as part of basic training. The details can be customized by the trainer.

What does ACL audit software cost?

ACL Audit Software cost is a sometimes hot topic in the industry. The reason for this debate is that the ACL Audit Tool is serving a very specialized need. It serves the need of the audit and enterprise risk market. The primary reason for this debate is that there are other tools available in the market, which are equally capable. Therefore it is important to understand the reasons to choose ‘Audit Command Language Software’.

ACL audit software cost

acl audit software cost
acl audit software cost

Firstly, the cost of the ACL audit analytics tool is not clearly known. There is no mention of the price online. The company encourages prospective clients to get in touch directly. Therefore, it is assumed that the price is negotiable to the extent that is significantly cheaper than competing tools like SAS. This is so because other tools offer greater suite products. The license for BASE SAS software is sometimes estimated at $100,000 upwards. This is quite an investment for any firm. Therefore, the cost of the tool and scope of a companies services must be weighed appropriately.

ACL Audit Software Cost and ROI

Keeping in the context that the Audit Command Language software is designed primarily for audit and risk projects makes for a rather small niche of services. Therefore, firms do not have to spend hundreds of thousands of dollars on a Software like SAS for audit projects. In order to make this investment worth it, the ACL software should be used complimented with other tools like SQL server and MS Excel. Such an approach offsets the heavy cost of tools like SAS and also provide for performance gains.

Overall, it is important to clearly identify the goals for a software tool. The case should always be such that requirements are just met appropriately, rather than spending a large amount for very little and modest gains. This way of approaching the ROI problem is especially suitable for a tool like ‘ACL Analytics