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New Partnership Gives ACL Customers Access to AuditNet® Premium Content
Network Tools & Resources Help Audit Teams Deliver Greater Business Assurance
Vancouver, Canada - November 17, 2009 - ACL Services Ltd., the leading global provider of business assurance technology for audit and compliance professionals, today announced that it has entered into a partnership with AuditNet® LLC, an online audit resource and communications network. As part of ACL's ongoing commitment to providing exceptional value, this agreement will provide premium support customers with access to AuditNet® premium content. Working with leaders like AuditNet®, ACL enables greater business insight by extending the integration of analytics into audit processes.
The premier source for audit resources for over 15 years, AuditNet® is a web-based repository for audit-related content. The mission of AuditNet® is to provide a complete online "utility" for audit-related information, products and services to auditors, accountants, consultants, financial professionals, and professional associations. With more than 120,000 registered users, AuditNet® is the most comprehensive online clearinghouse of ideas and approaches on audit procedures for all audit areas.
The partnership will help audit teams work more efficiently through increased sharing and access to resources, information and best practices. ACL recognizes that people, processes and technology are at the core of effective internal audit programs and is offering its customers information and support to execute the audit plan more productively and leverage their technology investment to deliver greater value to the organization.
"AuditNet® was developed to help internal audit teams network and share relevant resources and best practices with their peers," said Jim Kaplan, founder and CEO, AuditNet®. "Today, internal auditors are facing a skills gap as they adopt new practices and technologies to meet their shifting role and help manage risk in today's volatile business climate. Through our partnership with ACL, we are working to fill this need."
Through this agreement, all members of audit teams with ACL premium support can easily tap into the resources on AuditNet®, including:
• Access to over 2,000 audit work programs, a monthly newsletter, a resource list containing over 1,200 online audit resources and vertically-based user-populated content
• A large inventory of audit work programs in text, Word, and PDF formats that users can freely use and modify within their organization
• FraudNet, with sample fraud and ethics policies and Internet Policies for Auditors
• Analytic-enabled audit programs, which allow auditors to better understand analytics that can be embedded into their audit programs on an everyday basis
• Discussion forums, 'Ask the Auditor', professional networks, and numerous other resources
"Internal resource constraints often make it difficult to quickly implement processes that take advantage of technologies to automate activities and gain more comprehensive, continuous insights into the control environment," said John Verver, vice president, services and product strategy, ACL Services Ltd. "In combination with ACL's new AuditExchange platform, the wealth of resources and advice in the AuditNet® network will give our customers a leg up to plan and execute technology-enabled audits more effectively."
Introduced in September 2009, the ACL AuditExchange™ 2.0 business assurance platform helps internal audit teams streamline and automate processes with centralized audit content management, turnkey analytic tests, and exceptions tracking and escalation.
About AuditNet®
The premier source for audit resources for over 15 years, AuditNet® is a web-based repository for audit-related content. The mission of AuditNet® is to provide a complete online "utility" for audit-related information, products, and services to auditors, accountants, consultants, financial professionals, and professional associations. Auditors may contribute content into the repository for use by other auditors, providing a clearinghouse of ideas and approaches on audit procedures for all audit areas. AuditNet® is committed to providing relevant information that saves users time and money. Much of the content is vertically-related, supplying valuable industry-specific information for users.
AuditNet® features Kaplan's AuditNet® Resource List (KARL) containing more than 1,200 Internet resources for auditors; a large inventory of audit work programs that users can freely use and modify for their organization; and links to FraudNet for sample fraud and ethics policies, Internet Policies for Auditors, and more. The AuditNet® Audit Work Programs page also provides an inventory of over 2,000 audit work programs and links to other resources containing analytic-enabled audit programs.
AuditNet® founder, Jim Kaplan, is renowned for having compiled the most comprehensive list of resources for auditors and accountants available online. AuditNet® also provides a newsletter and discussion forums for auditors and audit-interested individuals. www.auditnet.org
About ACL Services Ltd.
ACL Services Ltd. is the leading global provider of business assurance
technology for audit and compliance professionals. Combining market-leading
audit analytics software with centralized content management and exception
reporting, ACL technology provides a complete end-to-end business assurance
platform that is flexible and scalable to meet the needs of any organization.
Since 1987, ACL technology has helped organizations reduce risk, detect fraud,
enhance profitability, and improve business performance. ACL delivers its
solutions to 14,000 organizations in over 150 countries through a global
network of ACL offices and channel partners. Our customers include 95 percent
of Fortune 100 companies, 85 percent of the Fortune 500 and over two-thirds of
the Global 500, as well as hundreds of national, state, and local governments,
and the Big Four public accounting firms. www.acl.com
For more information, contact:
Beth Hardy
Manager, Corporate Marketing
ACL Services Ltd.
Phone: 604 669 4225
press@acl.com
© 2010 ACL Services Ltd. ACL and the ACL logo are registered
trademarks of ACL Services Ltd. All other company and product names are
trademarks of their respective owners.
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