Collaboration Demonstrates the Increasing Importance of Risk
Management to Auditors
Under this agreement, ACUA members are able to leverage the critical mass of university members already using TeamMate when executing new TeamMate licenses. ACUA members using TeamMate will have access to the ACUA Risk Directory in TeamMate format for streamlined usage in their audit planning and execution.
“ACUA’s strategic relationship with TeamMate demonstrates our commitment to helping our members address and improve their risk mitigation efforts, internal control processes and compliance monitoring systems,” said
As risk management becomes a more pressing concern for many organizations, internal audit teams are increasingly being asked to offer input earlier in the decision making process. This emerging advisory role is calling on different skill sets and requiring improved efficiency for internal audit teams.
“Internal auditors today have the opportunity to move away from a traditional role to a more transformational role that contributes to an organization’s growth and performance,” said
TeamMate is the world's most widely-used audit management system, with more than 95,000 auditors and over 2,200 organizations using the solution globally. The TeamMate audit management system helps improve an organization’s audit process including: risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. By providing an integrated paperless strategy for managing audits, TeamMate's audit software eliminates the barriers associated with paper-filled binders and disconnected electronic files, driving efficiencies into all facets of the internal audit workflow.
For more information, please visit www.TeamMateSolutions.com.
About Wolters Kluwer Audit, Risk & Compliance
ACUA is a professional organization comprised of audit professionals from all over the globe that serves as the primary resource for higher education auditing, regulatory compliance and risk management. The organization strives to continually improve the internal operations and processes of the institutions it serves through professional development and the dissemination of individual internal audit experiences in an open forum with friends and colleagues.