# What’s new in MindBridge The Q2 2024 release introduces new GL control points for detecting anomalies, a streamlined MAC v.2 code system, enhanced filtering tools, and greater flexibility for account grouping. API expansions and general platform improvements further support accurate, scalable analysis. - [New and updated control points for General Ledger (“GL”) analyses](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ887N6HZR9V7S3JPQCX7V05) - [New streamlined MindBridge Account Classification (“MAC”) code system](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ887N6H9A8DK113Y2KXG9Y5) - [New flexibility to manage account grouping within engagements](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ8A8S55QZR9DZ10VT1W99DR) - [New basic and advanced dashboard filters](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ887N6HGN9ANSMN8Y97G1E3) - [Enhancements to the MindBridge API](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ887N6HTTEDGM2K57EJ7VAQ) - [General improvements](https://support.mindbridge.ai/hc/en-us/articles/23796181536663-Release-notes-for-Q2-2024#h_01HZ887N6HBX780GZJHPQSMBMQ) ## New capabilities for Q2 MindBridge releases several updates a year with both new and improved capabilities and features. ### Control point bundle v.6 This update introduces [new and updated control points](https://support.mindbridge.ai/hc/en-us/articles/21712223144599) to MindBridge’s _GL analysis_. In addition to below, review other [notable control point changes](https://support.mindbridge.ai/hc/en-us/articles/22702858331159) included in this bundle. New _Unusual Digit Sequence_ and _Unusual Digit Combination_ control points automatically pinpoint transposition errors — a common issue that impacts up to 1% of GL entries. With these enhanced capabilities, auditors and financial controllers can concentrate on the accuracy of the financial reporting and reduce the time spent on manual error checks, freeing up resources for strategic tasks. [Learn about the Unusual Digit Sequence control point](https://support.mindbridge.ai/hc/en-us/articles/21803442243991) [Learn about the Unusual Digit Combination control point](https://support.mindbridge.ai/hc/en-us/articles/22410372084887) New _customizable_ version of _2 Digit Benford_ allows your team to leverage multiple currencies from your financial reporting structure, such as local or document currencies, and flags entries with amounts that do not align with the expected distribution of amounts. [Learn about the customizable 2 Digit Benford control point](https://support.mindbridge.ai/hc/en-us/articles/22814203153303) **Note:** This bundle also includes updates made in [control point bundle v.5](https://support.mindbridge.ai/hc/en-us/articles/18395528505495), which was initially a limited release. For a comprehensive list of control points available in MindBridge's _General ledger analysis_, export and review the [_GL control point summary_](https://support.mindbridge.ai/hc/en-us/articles/16085707008151), which is updated regularly. ### MAC v.2 MAC v.2 improves financial reporting by aligning with international auditing standards. By focusing on the nature of the GL accounts, MindBridge can adapt across industries in order to deliver consistent analysis results. The classification system speeds up account grouping creation up to five times, with intuitive category labels that can be used across various account groups and industries. [Learn more about MAC v.2](https://support.mindbridge.ai/hc/en-us/articles/22819163288343) [Review the notable changes between MAC v.1 and MAC v.2](https://support.mindbridge.ai/hc/en-us/articles/22868089491863) [Review the FAQ for MAC v.2](https://support.mindbridge.ai/hc/en-us/articles/22900315647767) ### Flexible account grouping New flexible features allow your team to manage account groupings and MAC mappings within their engagements, such as appending new accounts and removing unused accounts. This update allows newly-onboarded MindBridge users (as well as those who may have less training or technical skills) to easily align MindBridge with the financial statements under audit. Plus, your team can now review account balances _before running an analysis_, saving time and increasing confidence in the accuracy of the accounts and mappings. [Learn about account grouping methodology in MindBridge](https://support.mindbridge.ai/hc/en-us/articles/360056329594) [Learn about flexible account grouping in the engagement settings](https://support.mindbridge.ai/hc/en-us/articles/23708518916375) [Review the new flexibility provided in the _Verify accounts_ workflow](https://support.mindbridge.ai/hc/en-us/articles/9553833993495) **Note:** Flexible account grouping is only available in engagements that were created after _June 1, 2024_, and that use a custom account grouping in their associated libraries. ### New filtering capabilities The _Data table_ dashboard in _GL analyses_ now offers **basic** and **advanced** filtering. These filter enhancements introduce new dashboard filters to the analysis results, and allow your team to create and apply advanced filters that can be saved and shared for future use. Advanced filters support the creation of bracketed expressions to enhance flexibility, allowing for improved sample selection and more accurate risk assessment based on account balances, entity details, and risk levels. Plus, now populations can be added to advanced filters and saved for personal use or shared across the engagement. [Learn about filters on the Data table dashboard](https://support.mindbridge.ai/hc/en-us/articles/360058192493-Data-table-dashboard-Overview-for-GL-MAC-v-2#h_01HYY80YQH0E3KP01NTYQPYS0A) [Learn about advanced filtering in MindBridge](https://support.mindbridge.ai/hc/en-us/articles/360057583133) **Tip:** Population creation has been enhanced to use the same logic as advanced filters, using _rules_ and _conditions_ to build specific populations of data. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/13640339540631) ## Improvements ### Usability - New ability to duplicate previously run analyses into new _or_ existing engagements on the _Data_ page. - When importing files into an analysis, the _Data_ page now displays blue dots below each file name to indicate which step of the import process a given file has reached. - When importing files into an analysis, file names are now displayed consistently on the _Data_ page. - New **Run duration** column in the _Run history_ section on the _Data_ page shows how long an analysis took to run. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/19404752031511) - The "Run analysis" button on the _Data_ page will now be hidden until the accounts have been verified. - New **Account structure** section in the _General ledger_ tab of the _Engagement settings_. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/23708518916375) - [Pre-analysis completeness check](https://support.mindbridge.ai/hc/en-us/articles/4411133015703) now available on the _Review_ step of the [_Verify accounts_](https://support.mindbridge.ai/hc/en-us/articles/9553833993495) workflow. - Enhanced search bar allows exclusion of keywords from search results by prefixing keywords with "-" (for example, "Accounts -Receivable"). - New risk scoring permissions available in the library allow _App Admins_ to control their teams' ability to disable risk scores and risk groups, as well as manage the accounts associated with each risk score. - New custom account grouping (" _MindBridge account grouping (MAC v.1)_") available in _Admin_ settings for mapping MAC v.1 codes to MAC v.2 codes. - Updated _MindBridge default libraries_ to use MAC v.2 code system. - Updated the _[MindBridge account grouping template](https://support.mindbridge.ai/hc/en-us/article_attachments/23560879520535)_. - Updated the _MindBridge custom Expert Rules template_, accessed through the _Custom control points_ section in _General ledger_ tab in the library. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/15253201885975-Custom-Expert-Rules-Control-point-GL#h_01GYDEFFT0BT0KHFM41B5K6TAT) ### Explainability - New ability to view file details on the _Data_ page via the info icon ( ) in line with a given file name. - New columns with helpful tooltips in the _Column mapping_ step of the import process. - New tooltip for the _Verify accounts_ workflow on the _Data_ page. - _Data table_ dashboard exports now contain summary information in the _GL settings_ sheet and include the relevant library. - New ability to [view summary statistics](https://support.mindbridge.ai/hc/en-us/articles/14172456052503-Create-a-population-from-analysis-results-MAC-v-2#h_01HZ01PZ0H3PN3BBVB0G6GJFS6) when creating populations in the _Analysis settings_ or the _Data table_ dashboard. - Drop-down menus in analysis results dashboards now show the relevant context (above the menu) during and after making a selection. - In analysis results dashboards, table columns that contain monetary values have been updated to indicate whether the amounts reflect _net_ or _gross_ values. ### Scalability - Improved handling of large transactions for faster analysis results and more accurate anomaly detection. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/18397764935319) - _Create Engagement_ page now includes the ability to duplicate existing analyses into the engagement being created. - _Create Engagement_ page now includes the ability to roll an analysis forward from an engagement that uses a different library. - _Create Engagement_ page now allows account grouping and account mapping settings to be imported for use in the engagement being created. These settings are selected in tandem with ratios and populations, and will override library settings. - _Custom Expert Rules_ control points created within the library now include the ability to assign a risk value to monetary flows that are considered complex, as well as monetary flows that do not match any of the defined rules. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/15253201885975-Custom-Expert-Rules-Control-point-GL#h_01HW62AQAZ9FXJSAMFFVGNXVV4) - Updates made to library ratios and filters (i.e., adding, removing, or modifying) will no longer be automatically applied to existing engagements. To use updated ratios or filters, users can create a new engagement, which copies over library settings as they exist at that point in time. [Learn more](https://support.mindbridge.ai/hc/en-us/articles/360056329634-Library-settings-Ratios) ## MindBridge API Refer to the [API reference document](https://support.mindbridge.ai/hc/en-us/articles/16999294513943-Access-the-API-reference-document) for additional details and guidance on the updates below. ### Account Groupings and Account Groups Two new entities, _Account Groupings_ and _Account Groups_, have been added. These entities are used to map a set of accounts in a financial hierarchy to MAC codes for use in analyses and reports. - Adds new `GET /account-groupings/{accountGroupingId}` endpoint, which returns an account grouping identified by its ID. - Adds new `PUT /account-groupings/{accountGroupingId}` endpoint, which updates an account grouping identified by its ID. - Adds new `DELETE /account-groupings/{accountGroupingId}` endpoint, which deletes an account grouping identified by its ID. - Adds new `POST /account-groupings/query` endpoint, which queries account groupings given a filter. - Adds new `POST /account-groupings/export` endpoint, which exports an account grouping and all of its account groups within an Excel file. - Adds new `POST /account-groupings/import-from-chunked-file` endpoint, which creates a new account grouping and account groups based on a provided Excel file. - Adds new `POST /account-groupings/{accountGroupingId}/append-from-chunked-file` endpoint, which adds new account groups to an existing account grouping based on a provided Excel file. - Adds new `GET /account-groups/{accountGroupId}` endpoint, which returns an account group identified by its ID. - Adds new `POST /account-groups/query` endpoint, which queries account groups given a filter. - Adds new `PUT /account-groups/{accountGroupId}` endpoint, which updates an account group identified by its ID. ### Engagement Account Groupings A new entity, _Engagement Account Grouping_, has been added. This entity is the parent record to _Engagement Account Groups_, which are used to map accounts to MAC codes for use in analyses and reports in the context of an engagement. - Adds new `GET /engagement-account-groupings/{engagementAccountGroupingId}` endpoint, which returns an engagement account grouping identified by its ID. - Adds new `POST /engagement-account-groupings/query` endpoint, which queries engagement account groupings given a filter. - Adds new `POST /engagement-account-groupings/export` endpoint, which exports an engagement account grouping and all of its account groups within an Excel file.