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White Papers

To request one or more of the free white papers listed below, please fill out the short online form. You will then receive an email with links to download any of the white papers listed here. All white papers are in Adobe Acrobat PDF® format.

The Case for Electronic Audit Confirmations - How to Detect Audit Confirmation Fraud
If you currently process audit confirmations manually, you know it can be a highly inefficient, time-consuming task. But there’s a bigger problem: Manual paper-based confirmations can make it difficult for even experienced auditors to detect fraud. In this white paper, you’ll learn how an automated electronic confirmation system can help you to detect, deter, and prevent fraud, and help your audit staff to save valuable time and effort, freeing them to focus more of their time on revenue-generating billable work. Download

Automation is Key to Improving Efficiency and Effectiveness of Audits
More and more firms are looking to increase the efficiency and effectiveness of their audits. Economic uncertainty and increasing fee resistance from clients puts additional pressure on firms to manage the efficiency of their audits. To help firms that want to increase the efficiency and effectiveness of their audits, the author of this white paper, Donny Shimamoto, CPA.CITP, CGMA, along with Alan Anderson, CPA interviewed a variety of firms that were both successful and unsuccessful in utilizing technology to automate their audit processes. The white paper examines strategies and factors that helped or hindered successful deployment of technology to support key audit processes. They identified eight keys that should help guide firms as they strive to improve the efficiency and effectiveness of their audits. Download this whitepaper to learn what steps your firm can take to move towards a more efficient audit process. Download

10 Tips to Improve Audit Efficiency During Busy Season
Electronic Audit Confirmations can help your firm streamline audit processes and be more efficient during busy season. Download this guide to learn how can help you queue up confirmations for a future date, collaborate with your audit team and consolidate all audit confirmations in a single platform. Download

Guide to Electronic Confirmations
Academic research shows that electronic confirmations produce a much lower error rate than the paper alternative. Similar research reveals that replacing paper-based confirmations with electronic confirmations leads to tremendous audit efficiencies. In this eBook, you'll learn why and how to make the switch. Download

How Inefficiencies Increase Risk of Confirmation Fraud
While the audit profession sees fraud prevention as a top priority, it's the inefficiencies of the confirmation process that put the profession at an increase risk of fraud. Learn why auditors are incorporating procedures into their audit programs to assist in detecting fraud and the best practices being used to improve workflow and process efficiencies. Download

What Every Fraudster Knows and We Need to Know About Confirmation Fraud
The confirmation process, once considered a simple, low risk procedure, has been exploited for its weaknesses as a means for falsifying financial reports and committing fraud. You will discover how easy it is to circumvent this paper-based process and the simple steps you can take to prevent confirmation-related fraud in the first place. Download

How Auditors Can Overcome Confirmation Fraud Challenges
What should an auditor do to ensure that the audit confirmation received is meaningful? Learn how the paper-based process makes it difficult to catch confirmation fraud schemes and how the lack of resources to authenticate all responses can expose an organization to a lawsuit. This white paper shows you how to overcome these challenges. Download

The Role of Audit Confirmations
This white paper provides industry guidance regarding the role of audit confirmations used during a client audit. Learn about evolving confirmation alternatives as defined by the American Institute of Certified Public Accountants (AICPA) and the tools you can use to enhance the confirmation process. Download

The E-Sign Act
Verifying the authenticity of a client's signature is one of the many issues related to paper-based confirmations. Learn how using encryption along with electronic signatures allows parties to have assurance that the sender of a message is authentic. Download