The best stories
a happy ending...
Once upon a time... Our audit data
was stored in different documents
that didn’t talk to each other.
Chapter I - Data Warehouse Software
But now... Audit Leverage gives us a single data warehouse to enter,
store, analyze, and retrieve all of our risk assessments, audits, time
charges, budgets, workpapers, findings, and follow-up entries.
Chapter II - Workpapers & Audit Programs
Once upon a time... We used to print But now... Audit Leverage maintains electronic links between audit
out all our workpapers and sign off steps, workpapers, audit recommendations, and review notes. Audit
on them manually. managers can sign off electronically.
Once upon a time... We used to fill
out timesheets in Excel, then print or
e-mail them for approval.
Chapter III - Timesheets & Budgets
But now... We enter each day’s hours directly into Audit Leverage,
where our supervisor can approve it electronically and analyze it by
audit, by auditor, by time period, and more. Budget-to-actual
comparisons tell us where our time is really going.
Once upon a time... Schedule
changes caused confusion.
Chapter IV - Staffing & Scheduling
But now... Audit Leverage’s Visual Scheduler™ allows us to manage
each auditor’s calendar and to deal with schedule changes in real-time.
Chapter V - Risk Assessment & Annual Planning
Once upon a time... One year’s risk But now... Audit Leverage lets us use our own risk criteria and recom-assessment results weren’t linked mends an audit plan based on prior years’ activity. During the year, it
with previous years’. shows us actual progress against our plan.
Chapter VI - Audit Committee Reporting
Once upon a time... We used to waste But now... We use Audit Leverage to generate those labor-intensive
dozens of hours preparing for an reports that the Audit Committee wants to see.
Audit Committee meeting.
Chapter VII - Remote Audit Supervision
Once upon a time... My manager had But now... Audit Leverage’s remote synchronization feature allows our
to wait until I returned to the office to audit manager to make mid-course corrections to the fieldwork - before
review workpapers and time charges. it’s too late.
Chapter VIII - Audit Follow-up
But now... When we type our audit findings and management responses
into Audit Leverage, it generates the audit report for us - and also tracks
our follow-up efforts for each issue.
Once upon a time... After issuing our
audit report, we pasted the findings
into a separate follow-up spreadsheet.
Once upon a time... Identifying the
the most common audit issues meant
days of sifting through audit reports.
Chapter IX - Issue Analysis
But now... Audit Leverage’s powerful reports provide statistics on the
most common audit recommendations by topic, division, region, and
more. We can maintain our own library of best practices.
Work happily ever after.
Write your own happy ending. Contact us.
Phone: 1-866 AL by IAD (Toll Free) or 215-713-0378
Visit us on the Web at www.AuditLeverage.com