The Statement Summary View
What is the Statement Summary View
The Statement Summary View provides a business focused summary of the
results of all of the major analyses carried out on your accounting data
by Mamut Validis.
It provides a condensed form of your Balance Sheet and Profit &
Loss statements, organised as defined by the Chart of Accounts uploaded
with the data from your accounting software.
For each area of the accounts, the number of potential anomalies identified
by Mamut Validis as a
result of applying the accounting rules, trend deviations, exceptional
values and unusual combinations analyses, and their value, is displayed
against the category of the financial statements they affect directly.
The display also allows you to focus in on any area of particular interest
and view full details of the Mamut Validis results.
How to use the Statement Summary View
To obtain the Statement Summary view, follow the steps described below.
Select the menu option Data
Analysis - Statement Summary.
The Statement Summary screen is displayed; initially showing information
about your Profit and Loss issues.
Period: In order
to manage the volume of historical data stored and the relevancy of results
returned, you can select to limit the periods for which they view results
for. Read more about the viewing period here.
Materiality: When Mamut Validis carries
out an analysis of your accounting data, it examines each transaction
and stores the result of every test performed. Depending upon the quality
of the data it is asked to examine, the analysis may identify a large
number of potential anomalies. However, it is likely that most of these
anomalies will involve small amounts, which may not be of particular interest
to you. Read more about Managing Materiality
Level.
If appropriate, use the buttons at the top-right of
the screen to change the statement summary being displayed, as follows:
Displays details of your Balance Sheet.
Displays details of your Profit & Loss.
To view the analysis results underlying any of the items
listed, simply click on the Issues
link.
Downloading your Analysis
You can download your analysis to an Excel spreadsheet
using the Export to Excel
button at the top right of the analysis screen. The download includes
a summary worksheet containing the results of the analysis of your current
view and accompanying worksheets, one for each issue found, enabling you
to drill-down to the underlying transactions. Read
more under Downloading to Excel for further details.
Read more about:
Downloading to Excel
The Viewing Period
Managing Materiality