Audit-l is sponsored by Audit Leverage (IAD Solutions, Inc.)
www.auditleverage.com
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Don,
Our senior managers are very active in keeping on top of outstanding audit
issues (tone from the top). We utilize a lotus notes based system, in which
after issuance of the Audit Report the audit findings,management action
plan, and management action plan date are entered. On a monthly basis all
audit owners (including the responsible Senior Manager) are automatically
sent a reminder to update the status of the audit. In addition, the
responsible Audit Manager is held accountable (in performance reviews &
monthly update meetings) to ensure the audit issues are kept updated and
completed on schedule ( or the due date extended due to business reasons -
project delays, funding, etc.)
Hope this helps!
Louis Tinto
Information Technology Team Leader
Corporate Audit Department
631-843-6655
"Tracey Sadler"
<[EMAIL PROTECTED] To: "Whitehouse, Don"
<[EMAIL PROTECTED]>,
u> <[EMAIL PROTECTED]>
Sent by: cc:
[EMAIL PROTECTED] Subject: RE: Incentives for
completing audit findings
ditnet.org
07/30/2002 08:55 AM
Audit-l is sponsored by Audit Leverage (IAD Solutions, Inc.)
www.auditleverage.com
***************************************
Public flogging. Our CEOs hate to be asked by the audit committee, "Why
aren't these implemented?" That question is even more embarrassing
because, as a public university system, all of our board meetings are open
to the public. And the press loves to attend.
Tracey Sadler, CIA, CGAP
Senior Internal Auditor
System Internal Audit
Texas A&M University System
1200 TAMU
College Station, TX 77843-1200
Phone: (979) 845-3476
Fax: (979) 845-6536
email: [EMAIL PROTECTED]
-----Original Message-----
From: Whitehouse, Don [mailto:[EMAIL PROTECTED]]
Sent: Tuesday, July 30, 2002 7:50 AM
To: '[EMAIL PROTECTED]'
Subject: Incentives for completing audit findings
Audit-l is sponsored by Audit Leverage (IAD Solutions, Inc.)
www.auditleverage.com
***************************************
My audit committee has asked that I propose methods to incent management to
complete audit findings in a timely fashon. The audit committee suggested
linking completion of audit findings to performance reviews.
Currently, managers are required to set a target completion date on all
audit findings. These dates and subsequent changes are reported to the
audit
committee.
Does anyone have any suggestions or ideas?
Thanks,
Don
Audit Leverage is a department management software package that integrates
and automates the entire audit process. This comprehensive package
includes risk assessment, audit planning, budgeting, staffing, scheduling,
timekeeping, automated work papers, audit findings & recommendations,
reporting and audit follow-up. Audit Leverage allows auditors in the field
to work off-line and dial in to synchronize their work with the Audit
Leverage database on the network, enabling managers to review the work
papers instantly without being at the job site.
Demo available at www.auditleverage.com
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Thanks,
Jim Kaplan
List Manager
Audit Leverage is a department management software package that integrates
and automates the entire audit process. This comprehensive package
includes risk assessment, audit planning, budgeting, staffing, scheduling,
timekeeping, automated work papers, audit findings & recommendations,
reporting and audit follow-up. Audit Leverage allows auditors in the field
to work off-line and dial in to synchronize their work with the Audit
Leverage database on the network, enabling managers to review the work
papers instantly without being at the job site.
Demo available at www.auditleverage.com
If your organization would like to sponsor this discussion list send an
e-mail to [EMAIL PROTECTED] for information.
To unsubscribe to the Audit-l list send an e-mail to
[EMAIL PROTECTED] Leave the subject line blank and include the
following message in the body:
Unsubscribe audit-l (yourname)
Thanks,
Jim Kaplan
List Manager
Audit Leverage is a department management software package that integrates and
automates the entire audit process. This comprehensive package includes risk
assessment, audit planning, budgeting, staffing, scheduling, timekeeping, automated
work papers, audit findings & recommendations, reporting and audit follow-up. Audit
Leverage allows auditors in the field to work off-line and dial in to synchronize
their work with the Audit Leverage database on the network, enabling managers to
review the work papers instantly without being at the job site.
Demo available at www.auditleverage.com
If your organization would like to sponsor this discussion list send an e-mail to
[EMAIL PROTECTED] for information.
To unsubscribe to the Audit-l list send an e-mail to [EMAIL PROTECTED] Leave
the subject line blank and include the following message in the body:
Unsubscribe audit-l (yourname)
Thanks,
Jim Kaplan
List Manager
