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Lumen: Enlightened Financial Audits

Lumen is an advanced analytics approach that drives superior independent audits. We use predictive modeling and whole ledger analytics to bring all of your company’s financial data into clear focus. By pairing these advanced analytics with automation and artificial intelligence we transform the way we see your business bringing significant value to the audit and enabling a new level of data-driven decision-making.
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See the big picture — and the details

National Partner Brian Wolohan, Audit Quality and Innovation, and National Partner Jim Burton, Audit Methodology, discuss how auditors gain insights through enlightened data analytics to better understand all types of information, from viewing a fact pattern, to seeing unique and notable items, to visualizing and comprehending revenue patterns.

Our dedication to quality and value

Risk profiling

Our process begins with a sophisticated approach for profiling current and prospective clients for risks related to financial reporting fraud, restatement, material weakness in internal control, bankruptcy and corporate governance issues.


Risks identified in this phase are considered and addressed as part of the audit. This helps companies achieve high levels of reporting quality, internal controls and corporate governance. This results in a portfolio of clients that is aligned with Grant Thornton’s dedication to audit quality and continuous improvement.

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Data ingestion

We employ data ingestion tools to efficiently and seamlessly extract and load your data, saving valuable time and company resources. Then we apply another battery of proprietary tools and analyses, developed by leading experts in data analytics, to analyze this data. Insights obtained from our evaluation give us an even deeper understanding of your business and inform additional targeted exploration.

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Uncommon insights

Our process facilitates early identification and mitigation of reporting and internal control risks, allowing us to zero in on the data with the highest risk and impact potential. Our analytical techniques include:

  • Account combination analysis
  • Digital, textual and letter analytics
  • Trend analysis and regression
  • Benchmarking
  • Transactional scoring
  • Visualization and dashboards
The Audit Analytics Mbile Dashboard The Audit Analytics Dashboard