Sungsoo S Kim

US Patent:

20050288980, Dec 29, 2005

Filed:

Dec 30, 2004

Appl. No.:

11/027750

Inventors:

Ehsan Feroz - Duluth MN, US
Sungsoo Kim - Cherry Hill NJ, US
Raymond Raab - Duluth MN, US

International Classification:

G06F017/60

US Classification:

705007000

Abstract:

A data processing procedure DEA (Data Envelopment Analysis) is described as an analytical tool in an audit engagement. DEA receives data inputs from financial statements of a plurality of clients, constructs efficiency frontiers and evaluates relative income efficiencies. DEA can be used in the overall review stage to detect any anomalies and to assess the reasonableness of financial statements. Application of DEA can significantly minimize errors in an audit judgment by providing accurate and reliable benchmarks and red flags at a reasonable low cost