1C is a leading ERP system used extensively in Russia and the CIS. It was developed specifically to meet the requirements of Russian Accounting Standards (RAS), which differ significantly from IFRS.
Working with hundreds of 1C databases each year, it quickly became apparent to us that many of the system’s processes can and should be automated and standardized. We have developed our own application that is able to extract data from any version of 1C, analyze it, and generate a report.
Benefiting from our experience investigating fraud in this jurisdiction, we developed a library of core tests for 1C that we use to identify key risk and compliance red flags. Our library contains more than 30 tests grouped into categories: contractor analysis, exceptions identification, and statistical methods.
1C Analytics is a cost efficient means of implementing periodic health checks of your business. Furthermore, our Analytics team can identify areas that may reduce expenditures in several areas, including procurement.