About Chad Wood

Chad Wood is a GRC Solutions Consultant with ACL Services. An acknowledged subject matter expert on Audit Management Solutions, he excels at applying project management technology within the Audit cycle. Chad led the ACL GRC Product Specialist team and has been instrumental in strategic contracts since the initial product launch. Chad also provides Advisory and Training services to ACL’s Global Channel Partner network. A graduate of the University of Victoria, Chad is a regular speaker at ACL conferences and industry events throughout North America.

Build a Better Whistle: Incident reporting for audit

Audit and compliance professionals today have an ever increasing mandate to accurately depict critical risks and report on material or damaging issues to the executive suite in a timely manner. In particular, fraud prevention and the monitoring of key regulatory requirements can help keep the business at a safe distance from reputational [...]

By | April 21st, 2015|Blog|Comments Off on Build a Better Whistle: Incident reporting for audit

Knock their SOX off! SOX Self-Assessments, 302 Certifications, and more…

Verifying that the Internal Controls Over Financial Reporting (ICFR) are effective can be a daunting task. Sarbanes Oxley (SOX) Compliance can be a heavy burden that falls on the shoulders of many stakeholders, departments, processes, and systems. In an effort to ease that burden, efforts can be made to ensure a fair distribution of responsibility [...]

By | December 9th, 2014|Blog|Comments Off on Knock their SOX off! SOX Self-Assessments, 302 Certifications, and more…

Collaborating with busy stakeholders & contributors: Techniques for Success

Chad Wood takes a look at three techniques for how to improve two-way communication between the Business Line and the second and third lines of defense.

By | October 17th, 2014|Blog|Comments Off on Collaborating with busy stakeholders & contributors: Techniques for Success

Reinventing the wheel, recreating every audit process, objective, and control? Best practices for reusing your stuff!

Small changes to audit content management and organization can create measurable results—and help internal auditors find added time to pursue enterprise-level opportunities and strategy. In internal audit departments today, the need for greater efficiency reigns supreme. So much so, in fact, that audit teams are constantly fighting the battle to hit audit plan targets, meet [...]

By | August 14th, 2014|Blog|Comments Off on Reinventing the wheel, recreating every audit process, objective, and control? Best practices for reusing your stuff!

Give Your Audit Management Program Some Love Part Three: Aggregate Results and Present Reports

Like it? Share it! This is Part Three of a Special Audit Management Series designed to increase fieldwork communications and to share results with improved reporting. In Part One, we discussed Managing Your Clients. Part Two focused on developing strategy for Managing Finding. Today, we conclude the Series by Aggregating your Results and [...]

By | April 4th, 2013|Blog|Comments Off on Give Your Audit Management Program Some Love Part Three: Aggregate Results and Present Reports

Give Your Audit Management Program Some Love Part Two: Develop a Strategy for Managing Issues & Findings

Like it? Share it! This is Part Two of a Special Audit Management Series designed to increase fieldwork communications and share results with improved reporting. In Part One, we discussed Managing Your Clients…today we focus on developing strategy for Managing Issues and Findings. In our last post, we discussed how technology is essential [...]

By | March 5th, 2013|Blog|Comments Off on Give Your Audit Management Program Some Love Part Two: Develop a Strategy for Managing Issues & Findings

Give Your Audit Management Program Some Love: Part One

Like it? Share it! This is Part One of a Special Audit Management Series designed to increase fieldwork communications and share results with improved reporting. It’s hard to believe that is already February and another Valentine’s Day is upon us. With a new year, comes a renewed love for maintaining efficiency (and deadlines) [...]

By | February 14th, 2013|Blog|Comments Off on Give Your Audit Management Program Some Love: Part One