TeamMate EWP

TeamMate EWP

Incorporate a Trial Balance Function w/Leadsheet Capabilities

Currently, the EWP module does not have the ability to prepare financial statements/schedules and incorporate within the 360 reporting function. By providing a trial balance function that can import various types of trial balances into an Access-type database, it will allow users the ability to classify the information so that schedules can be generated as well as the generation of testing "Leadsheets" which can automatically... more »

Voting

2 votes

TeamMate EWP

Focus on external audit deliverables

Internal Audit performs some work for our external auditors and it seems difficult to export our work product in a manner that is acceptable to them. Not sure if the reporting could be retooled so that when we export our work that it is in an organized efficient manner that could be used by external auditors without any further work to bridge any gaps in labeling, tickmarks, record of work done, etc.

Voting

2 votes

TeamMate EWP

Link Summary

It would help efficiency if there were a quick way to see every place that a workpaper was hyperlinked at, so if a workpaper was deleted and/or readded, the corrections could be made in all the appropriate places.

Voting

2 votes

TeamMate EWP

TeamMate EWP Work Flow

Please please please create a workflow in this product. It would be wonderful if the work flow could queue up through my email but any workflow would be helpful. In our internal audits, audit programs, per the IIA standards must be approved prior to launch of fieldwork. TeamMate does not have a communication tool to let the reviewer know the program is ready for review and approval. Same would be true for work ready... more »

Voting

2 votes

TeamMate EWP

materiality and sample calculators

Incorporate the following functionality in EWP: - Calculate the overall materiality for the audit based on revenue, expenses, assets etc. And allow to calculate a component materilality. - Calculate sample sizes for substantive testing based on overall materiality level, and integrating the risk assessment from TeamRisk using an R-factor calculation. Population/materiality*Rfactor (from TeamRisk). - If Trial balance... more »

Voting

2 votes

TeamMate EWP

EWP Status Reporting

I would like to see better status reporting in EWP for the reviewer. For example, I'd like to see a status report that includes a % complete by each Audit Program section (simply divide the procedures marked completed by the total procedures), another % complete of workpapers marked reviewed (so the Reviewer knows what they need to do) a total of how many review notes have not been marked completed and reviewed for each... more »

Voting

2 votes

TeamMate EWP

Fraud Guidance incorporated into EWP

The ACFE Fraud Manual should be integrated into EWP so that auditors can quickly look up fraud procedures to add if they encounter a red flag. Also, it would be great if there was a link to the manual for auditors to be reminded of red flags. For example, if they are working on Accounts Payable, they could pull up the ACFE Fraud Manual and navigate to the section on auditing AP and read over the red flags.

Voting

2 votes

TeamMate EWP

Audit Program Builder/Organizer

TeamStore currently -along with AuditNet- provide a great number of audit programs that can be imported into EWP. Whenever I want to browse the audit program library, I get lost in a maze and find myself spending more time than I should in researching a specific topic and some of the audit procedures employed by other professional. Based on that premise, if there was a tool that can be built to custom organize the library... more »

Voting

2 votes

TeamMate EWP

Handheld Device

We have a sales audit chedklist that we have integrated into a blackberry torch that allows us to do our audit checklist on the phone while in the field. The data is tansferred into a charepoint application.

 

It would be good to have this integration instead to the TeamMate working paper file. Also, other mobile device can be used i.e. IPAD, Playbook, tablet.

Voting

2 votes

TeamMate EWP

Audit Wrapup

Create a way through policy that an “administrative” section could remain unlocked after the Status and Milestones tab has been updated to show the report has been issued, but still allow the issues to be sent to TeamCentral. We are often updating our wrap-up section after the report has gone out, but we can’t send to TeamCentral and can’t update the Status and Milestones or else everything gets locked.

Voting

2 votes

TeamMate EWP

Undo Prepare & Review in Sign-off

Allow a user after marking their papers with the "prepare" or "review" buttons in "sign-off" to undo this - as long as the paper hasn't been opened/actioned by the next person in the workflow yet. This helps if you subsequently remember you need to add or amend something just after marking your work ready for review!

Voting

2 votes