Summary
A risk score is an aggregate score that combines multiple control point results.
App Admins can create new risk scores and customize existing risk scores to ensure that risk scoring configuration and application across various libraries adhere to the firm's methodology, and/or how MindBridge recommends leveraging the analysis across the audit practice.
Learn about managing and adjusting risk score settings in libraries.
- Go to the Risk scores section
- View a risk score
- Adjust control point weights
- Adjust control point settings
- Disable a risk score
- Enable a risk score
- Restore default settings
- Add and remove control points from a risk score
Configuration details
You must be an App Admin to manage a library's risk scores.
Go to the Risk scores section
- From the Admin page, go to the Libraries tab.
- Open the Actions menu in line with the library you want to view.
- Select View Library.
You will go to the Library details tab on the Libraries page. - Go to the analysis type tab you want to edit risk scores for. For example, the General ledger tab.
- Select Risk scores from the menu on the left.
View a risk score
- Use the chevron icon to expand any of the risk scores contained within a risk group.
You will see a brief overview of the risk score, as well as all the control points that contribute to it. - Use the chevron icon next to a control point to expand it.
You will see a brief overview of the control point, including the control point type.
Adjust control point weights
To adjust a control point’s weight:
- Click and drag the slider to your desired weight, or enter a value from 0 to 100 in the number field.
- When you are satisfied, Save your changes.
Adjust control point settings
Admins can customize additional settings for the following control points:
- Complex Instrument
- End of Analysis Period
- End of Reporting Period
- High Monetary Value
- Manual Entry
- Material Value
- Old Unpaid Invoice
- Suspicious Keywords
To adjust these settings:
- Use the chevron icon next to a control point to expand it.
- Select Edit to go the control point settings.
- In the window that appears, adjust the settings as needed.
- When you are satisfied, select Done to save your changes.
Select Cancel to discard changes and go back to the Risk Scores dashboard.
Disable a risk score
- Use the chevron icon to expand the risk score you want to disable.
- Open the more actions menu (three dots) in line with the risk score.
- Select Disable risk score.
The Disabled status appears.
- Save your changes.
Enable a risk score
- Use the chevron icon to expand the risk score you want to enable.
- Open the more actions menu (three dots) in line with the risk score.
- Select Enable risk score.
The Disabled status disappears; control points within the risk score can now be edited. -
Save your changes.
Restore default settings
- Use the chevron icon to expand the risk score you want to restore.
- Open the more actions menu (three dots) in line with the risk score.
- Select Reset to default settings to restore all control points in the risk group to the MindBridge default settings.
- Save your changes.
Add and remove control points from a risk score
- Use the chevron icon to expand the risk score you want to restore.
- Open the more actions menu (three dots) in line with the risk score.
- Select Edit.
A pop-up window appears. - Beneath the Control points section, open the menu to see a list of control points, then:
-
Add control points: Check the boxes next to the control points you want to add to the risk score.
- You can also start typing in the field to bring up specific control points, then check the boxes to select them.
-
Remove control points: Use the X icon beside any of the control points listed to remove it from the risk score.
- You can also use the checkboxes to deselect the control points you want to remove from the score.
-
Add control points: Check the boxes next to the control points you want to add to the risk score.
- When you are satisfied, Save your changes.
New control points are highlighted in blue, with a default weight of 0%. - Use the slider to adjust the new control point weight(s) as desired.
-
Save your changes.
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