Continuous Auditing Article accepted for publication in Internal Auditing

We received news that an article submitted jointly with Dr. George Aldhizer of Wake Forest University's has been accepted for publication by Thomson Reuters in their Internal Auditing publication for the September / October issue that will be mailed to subscribers shortly. Very timely, as Dr. Aldhizer, David Payseur (CAE of Arrowpoint Capital), and I are scheduled to present a Continuous Auditing CPE day in Winston-Salem NC on November 18, 2009.

The article describes Visual Risk IQ's Continuous Auditing Maturity model, and how the steps from moving from Basic data analysis toward Continuous Auditing requires more than just technology investments. Changes in audit methodology and especially reporting process are integral and equally important to such a journey.

The article profiles Arrowpoint Capital, a commercial property casualty run-off insurance carrier that is headquartered in Charlotte, NC, whose continuous auditing program is more than five years old and actually pre-dates the IIA's GTAG publication on Continuous Auditing. Arrowpoint has an established, data-driven ERM program that links the results of Continuous Auditing activities and query scripts to specific risk assessment and control assessment activities that is reported monthly to management and the board.

For more information, check back on how to order reprints and/or to come see us in Winston-Salem in November for the Triad CPE day.

Joe Oringel

Visual Risk IQ

Charlotte NC, USA