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AutoAudit



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More than ever, corporations and other organizations are under scrutiny by regulators, shareholders and the public. All this attention translates into greater workloads and more pressure on the audit department. Pressed for ways to work smarter and boost efficiency, many audit departments have chosen AutoAudit® as their software solution.

AutoAudit software takes the paperwork out of work papers. It’s a comprehensive, fully integrated audit automation system that lets audit departments complete all of their work in a single database. With modules for risk assessment, planning, scheduling, work papers, reporting, issue tracking, time and expenses, quality assurance and personnel records, AutoAudit is the most complete way to update an audit department.

AutoAudit automates key aspects of the audit process, including:


 *Risk Assessment – It helps users to identify risk criteria and define their own risk models.
 *Scheduling – Using a simple drag-and-drop interface, managers can manage and schedule staff resources.
 *Work Papers – Field auditors can create work papers using common business applications, such as Microsoft Office. Work papers are immediately made available to other team members for collaboration and to managers for review and comment.
 *Reporting – AutoAudit makes it easy to compile final reports, as well as ad-hoc management reports.

Benefits


 *Cost Savings – A streamlined, electronic workflow allows departments to do more with their current staff.
 *Quality Improvement – Better data capture and information flow ensures higher quality and more comprehensive audits.
 *Flexibility – AutoAudit adapts well to any audit structure (COSO, CoCo, CSA) and works equally well with financial, operational, compliance and IS audits.
 *Process Continuity – AutoAudit easily adapts to an organizational structure. All audit plans, work paper formats and report formats can be imported into the program, instead of recreated.
 *Customized Solution – AutoAudit for Notes is customized to meet departmental needs and we support the customization with multiple opportunities for on-site testing and evaluation.
 *Quick Launch – Clients can typically begin training as soon as they install and configure the AutoAudit application.
 *Auditor Compliance - Auditors adapt easily because they don't have to learn a new method of auditing.
 *Outstanding Support – We have a team dedicated solely to the implementation and support of AutoAudit. Our maintenance program provides upgrades to new versions.

Keywords
audit
audit automation
audit department
audit planning
audit reporting
audit scheduling
auditng
auditor
auditor automation
CoCo
compliance audit
COSO
CSA
financial audit
IS audit
IT audit
operational audit
risk assessment
Sarbanes-Oxley
Sarbanes-Oxley automation
Sarbanes-Oxley compliance


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Vendor: Paisley Consulting


See our Sarbanes-Oxley compliance, load testing and Financial Glossary pages.
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