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Risk Management Consultants at RSM McGladrey will use ACL Technology to Automate Internal Audit Processes at Client Sites

VANCOUVER BC, CANADA - March 8, 2007 - ACL Services Ltd., the leading global provider of business assurance analytics, today announced that a group of RSM McGladrey risk management consultants will use ACL technology to automate audit processes at client sites as well as increase engagement efficiencies. RSM McGladrey will use ACL technology in most of its internal audit and Sarbanes-Oxley consulting engagements, reaching thousands of customers globally, and is expecting to expand the use of ACL over the coming years. When considered with McGladrey & Pullen, RSM McGladrey ranks as the fifth largest U.S. provider of accounting, tax and business consulting services. 

“With ACL, we’re able to move from manual audit processes to automated ones,” said Hussain Hasan, National Director of Risk Management Services at RSM McGladrey. “We will have the ability to perform simple queries to audit data found in thousands of records at our client sites, rather than taking a sampling of data as is typically done in the industry. As a result, we provide comprehensive audits for our clients, while at the same time, improve the speed with which we deliver our services.”

RSM McGladrey will be automating 40 to 50 internal control processes with ACL technology. For example, they are automating the process of checking for segregation of duties anomalies, helping uncover fraud activities related to conflicting roles and responsibilities. By automating these processes, RSM McGladrey helps its clients detect and prevent fraud, minimize revenue leakage, support compliance and improve overall business performance.

“Leading practitioners like RSM McGladrey leverage ACL technology  to address major challenges due to stiffer regulation, increased volumes of data and the resulting time today’s audits require. I am pleased that RSM McGladrey is expanding its investment in ACL’s leading audit technology,” said Harald Will, President and CEO of ACL Services. “In the current business environment, the accuracy and integrity of financial transactions are paramount, and extending ACL use within the firm will allow RSM McGladrey to maintain and enhance timely and complete internal audit services for their clients.”

About ACL™ Version 9
ACL Version 9 is the industry’s leading audit analytic technology. ACL is the only software solution purpose-built for audit to enable efficient analysis of all transactional data across the enterprise, with the ultimate goals of driving operational performance, reducing audit cycle time, and assuring controls compliance. The three core elements ACL delivers to audit and financial professionals are: easy and immediate access to company data, a full range of pre-programmed commands for data analysis, and reporting capabilities to easily view and share audit information.

About RSM McGladrey
RSM McGladrey is a leading professional services firm providing accounting, tax and business consulting. McGladrey & Pullen LLP (a U.S.-based partner-owned CPA firm) delivers audit and attest services. RSM McGladrey and McGladrey & Pullen operate in an alternative practice structure. Though separate and independent legal entities, they can work together to serve clients’ business needs. Together, the companies rank as the fifth largest U.S. provider of accounting, tax and business consulting services (source: Public Accounting Report), with nearly 8,000 professionals and associates in more than 120 offices nationwide. RSM McGladrey Inc. and McGladrey & Pullen LLP are member firms of RSM International, an affiliation of independent accounting and consulting firms. RSM McGladrey is the official accounting, tax and business consulting firm of The PGA of America.

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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