Summary

A risk score is an aggregate score derived from multiple control point scores, displayed on entries and transactions*.

By combining the metrics associated with specific control points, stronger insights emerge about the story behind each entry and transaction in your dataset, and high risk scores indicate items that may be worth sampling. Most entries will trigger one control point or another, but if a single entry receives a high score from numerous control points, it is likely to be worthy of further scrutiny.

MindBridge offers assertion-based risk scores by default, but your App Admins can create custom risk scores for you and your team, based on your firm's methodology. These risk scores can be further customized as needed within the engagement settings, for tailored analysis results.

The MindBridge Score is a configurable risk score that aggregates results from the control points defined in your library or engagement configuration. It powers dashboards, filtering, exports, and workflows, providing a consistent view of risk across the platform.

Review the assertion risk scores available out of the box with MindBridge below:

• Default risk scores in GL analyses
  • Asset risk scores
  • Liabilities and equity risk scores
  • Profit and loss risk scores
• Risk scores in AP and AR detail

*Transaction and entry risk scores are available in GL, but only entry risk scores are available in TRA.

Default risk scores in GL analyses

General ledger analyses include the following 15 assertion-based risk scores:

Asset assertion risk scores

• Completeness score
• Existence score
• Presentation score
• Rights and obligations score
• Valuation score

Liabilities and equity assertion risk scores

• Completeness score
• Existence score
• Presentation score
• Rights and obligations score
• Valuation score

Profit and loss assertion risk scores

• Accuracy score
• Classification score
• Completeness score
• Cut-off score
• Occurrence score
  
  

Default risk scores in AP and AR analyses

AP and AR analyses also contain the MindBridge score by default, which is an aggregate of control points configured in your library or engagement.

• Completeness score
• Cut-off score
• Existence score
• Valuation score

Each of these scores is an aggregate of control point results that subject matter experts found to be applicable to the assertion. Visit the articles for each of these assertions to see details about which control points are included in each of these risk groups and why.

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