Risk Scoring

Utilize a risk scoring approach to determine risk level of individual items within a dataset. This template provides you a basic guideline to setting up a risk calculation and determination on an individual transaction basis.

Input Requirements

• A data file with transactional or numeric fields in which you'd like to run analysis on. (Purchase orders, invoices, expense reports, journal entries, etc.).

• A risk scoring framework or methodology to help identify high, medium, or low risk items.

• Parameters

  1. Sample Selection: A sample size to select from a population of "high" risk transactions or records

  2. File Input Parameters

Output Expectations

• An identification of "high" risk records according to a risk scoring framework.