Lecture Notes for Auditing and Assurance Services, 17th Edition

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ACL Installation and InstructionsINTRODUCTIONACL is generalized audit software used by auditors to extract and analyze data on client’scomputerized systems. Generalized audit software is discussed on pages 329 and 398of the text.The ACLProblems included in selected chapters (Chapters 7, 8, 10, 12, 14, 15,16 and 17) are intended to provide you with an introduction to ACL. An in-depth study ofits use is beyond the scope of most first auditing courses. The guidance provided in thisAppendix is intended only to help you solve the problems in the text.Downloading ACLComplete the following steps to access the ACL software:1.Visit the ACL Academic Network page for Professors athttps://info.acl.com/Academic-Network-for-Professors.html2.Sign up for the ACL Academic Network.3.You will receive two emails: the first explains your software entitlement and thesecond will contain instructions on how to activate the user account and set apassword. Access to ACL software expires after six months.4.More information on the ACL Academic Network for Students can be found here:https://info.acl.com/Academic-Network-for-Students.htmlNote that ACL is only compatible with the following versions of Windows: Windows 10,Windows 8.1, and Windows 7.Additional support can be found at the ACL websites:Analyticsinstallation:https://help.highbond.com/helpdocs/analytics/14/user-guide/en-us/Content/administration/home.htm.GRCquickstart:https://help.highbond.com/helpdocs/projects/current/user-guide/en-us/Content/projects/quick_start/Projects_quick_start.html?cshid=pm-pm-quick-startOpening ACLAn icon to open ACL should be on your desktop after installation. If it does notappear,then go to Windows Start and select “Programs” to thenlocate the ACL link.Select theACL link to launch the software.Finding Companies, Tables, and Using CommandsThe main ACL screen should appear when you open the ACL software. Look at thatscreen now.On that screen, you will see a choice to create a new analytic project or open ananalytic project. Click on the link for “Open Analytic Project.” Within the “SampleFiles”you will see three projects listed. The ACL assignments in the text use only twoof theseprojects: ACL_Rockwood and ACL_Cypress_Pcards. Both of these projectshave severalfolders and files within those folders, which ACL calls tables. You willfirst double-click ona project to identify the folders, which will appear in the left sideof your screen windowonce you double-click on the project folder. (Note:When youopen ACL again, any

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