Using Data Mining To Help Auditors

Enterprise Resource Planning (ERP) systems commonly gather data from all parts of company operations thus providing a good source of data for data mining. Data mining is a concept developed for analyzing large quantities of data. Data mining is the transformation of large amounts of data into meaningful patterns and rules. In order to perform this task several techniques may be employed for fraud detection, marketing advice, predicting sales and inventory and correcting data. Starting with a generic solution that connects data mining and ERP, we propose a framework including several tools to support auditors.