Resourcing the Internal Audit Function: How Effective is ...
2012 Automating The Audit Function Presentation
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Transcript of 2012 Automating The Audit Function Presentation
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Automating the Audit
Process
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Our Vision
Create a Fully Integrated Process
Be Multi-Dimensional
– Whatever you need
– Wherever you are
– Whenever you want
Provide a Single Point of Entry
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Automated Audit System
Windows-based tool:
Scaleable from Win95 to Win 2008 Server
Supports mobile teams
Enables more effective team work
Enhances productivity
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Automated Audit System
Components
Audit
Tracking
Comment
Tracking
Regulatory
Compliance
Workpaper
s
Time
Keeping
Audit
Planning
Risk
Assessment Reference
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Application Integration
Lotus Notes Microsoft XP
Microsoft Excel
Microsoft Word
Microsoft Visio
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Mainframe / Host
Lotus Notes
Database Server
Auditor
Workstations
Shared Resources
WAN
Audit LAN
Connectivity
Remote Connection
VPN
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Reference
Audit Services Operations Manual
Audit Universe
Audit Programs
Audit Reports
Audit Committee Reports
Audit Time/Expense Tracking
Prep File
Laws & Regulations
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Additional Audit Databases
Flowcharting
Org Chart
Audit Status Report
Audit Protocols
Bulletin Board
Audit & Healthcare
News
Meetings
Corporate Policies & Procedures
Personnel
Corporate Phonebook
Sign-In/Out
Best Practices
GAAP & GAAS Guidelines
Suggestions
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Achieved Outcomes
Streamlined the audit process.
Used a risk-based approach on all audits.
Provided centralized management of all audits.
Provided electronic mail integration and consolidated reporting.
Summarized and share audit information.
Allows document review, hand off and approval from any location.
Tracks issues from origination through follow-up.
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Auditor Assistant on Lotus
Notes