Conducting thorough internal audits and ensuring compliance with Sarbanes-Oxley regulations are complex and time-consuming tasks.

What if you could automate the procedures involved with completing these tasks? Auditor Assistant* is a teamwork-based automation software that helps you conduct, review and manage your audits more efficiently. It can be customized to fit your audit process and changing corporate environment. The system enables you to perform audits in a collaborative team setting while on the road or in the office, anywhere in the world. Information flows easily and securely throughout your audit team.

Built upon the COSO internal controls framework, Auditor Assistant is used worldwide by large and small audit departments in a variety of industries.

Auditor Assistant offers the following features:

Audit planning and management

• Account materiality
• Define your audit universe and track historical data
• Perform risk assessment and analysis
• Use the outcome of the risk assessment to prepare your audit plan
• Schedule team resources to projects

Control adequacy and effectiveness

• Perform planning and risk analysis
• Use standard and customized work programs
• Attach supporting workpapers in files formats such as Excel, Word, Visio or ACL
• Document your exceptions and findings
• Track and report on key milestone dates
• Automatically produce your audit report

Issue management

• Automatically track findings noted in the audit and monitor action plans status
• Summarize findings by auditor, responsible manager, status, and risk category
• Send automated e-mail reminders to auditors and managers for unresolved issues

Frequently used information

• Store audit programs in a library to be easily accessed and imported into engagements
• Ability to store policies and procedures in a quickly-accessed library

Time and expense reporting

• Report time and expenses spent on audit projects at project or task level
• Report time and expenses on a daily, weekly or monthly basis
  

Please send any questions or comments to auditor.assistant@rsmi.com.