WEB-BASED AUDIT SYSTEM AND RELATED AUDIT TOOL

• US 20110209197A1
• Filed: 02/22/2011
• Published: 08/25/2011
• Est. Priority Date: 02/23/2010
• Status: Abandoned Application

• Current Assignee: Donna Sardanopoli
• Original Assignee: Donna Sardanopoli
• Inventors: Sardanopoli, Donna
• Application Number:
  US13/032,553
• Publication Number:
  US 20110209197A1
• Time in Patent Office: Days
• US Class Current: 726/1
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A web-based audit system and related tool implemented by a computer or personal digital assistant providing user with access to the internet, comprising access to a repository of audit content; wherein said audit content is associated with appropriate regulatory rules, notices policies and information ; a means to update said regulatory rules, notices, policies and information associated with said audit content with changes.

Claims

1. A web-based audit system implemented by a computer or personal digital assistant providing user with access to the internet, comprising access to a repository of audit content;

wherein said audit content is associated with appropriate regulatory rules, notices policies and information;

a means to update said regulatory rules, notices, policies and information associated with said audit content with changes.

2. The web-based audit system according to claim 1, further comprising a violations tracker, wherein violations are sent electronically to management team accountable for correcting said violations.

3. The web-based audit system according to claim 2, wherein corrective action by said management team must be completed prior to completing and archiving the audit report.

4. A web-based audit tool comprising the steps of:

providing a user log-in to web-based platform;

providing an audit menu for said user to select from the group consisting of a new audit, assign audit, open audit, closed audit and archive audit;

providing a Profile page wherein user provides information on a company being audited;

providing a Document request list and interview pages which provides said user with the audit material to perform;

providing an online Questionnaire application completed by registered individuals associated with the audit;

providing a list of audit chapters wherein the user selects appropriate chapters needed for the audit;

providing the body of the Audit comprising said selected audit chapters wherein said selected chapters contain questions and the ability to answer said questions;

review applicable rules, audit procedures, work papers, exhibits, other references and firm policy;

make customized notes; and

detail violations;

the ability to attach work papers to the web-based platform server;

providing auditor'"'"'s attestation for completing applicable chapters;

printing reports which detail the completed review and/or only the violations;

saving the report electronically;

providing a response violation tracker which is a web based response application wherein violations are sent electronically via email to person(s) accountable for responding to and correcting said violations; and

providing a corrective action violation tracker which is a web based corrective action application which is an instant automatic notification of the completed corrective action.

5. The tool according to claim 4, wherein said reports cannot be archived unless all corrective actions are completed.