: An audit procedure that is useful for identifying potential risks is to scan transactions for large and/or unusual items. IDEA can help with such a procedure by expediting the scanning process, especially when the database of transactions is large. With the Travel Report file open, on the Analysis tab go to the Categorize group and select Stratification to open the Stratification window. Select AMOUNT under Fields to stratify on and Fields to total on. Set the >= Lower Limit to 0, set the Increment at 1,500, and click in the text box in the first row and highlight the first 7 rows (the upper limit in row 7 should exceed $10,000), and click OK. Comment on the results.

1. Are there transactions that an auditor may deem as potentially large and/or unusual in comparison to other transactions?
2. If so, do some additional investigation and record your potential concerns.
   

Totalled on: AMOUNT Stratum # >= L Limit