07.06.2011 16:30:00

DePaul University Expands Availability of CCH TeamMate Software to Graduate Courses for Internal Auditing

ARC Logics, a Wolters Kluwer business, announced today that DePaul University in Chicago is expanding the use of the company’s CCH TeamMate software within its School of Accountancy and Management Information Systems.

After integrating the CCH TeamMate audit management system with its undergraduate program last fall with positive results, DePaul is now incorporating the technology with its graduate-level courses.

"The CCH TeamMate software can help students develop some of the skills that are necessary to successfully transition from the classroom to the marketplace,” said Dr. Sandra Shelton, professor of Internal Audit and coordinator of the Internal Audit Education Partnership Program at DePaul. "Understanding and use of this technology provide a competitive advantage as they pursue careers in the areas of audit, risk management and compliance.”

CCH TeamMate will be incorporated into the graduate-level courses by way of a case study. The case involves the internal audit activities of a fictitious Chicago hospital. Graduate students will be given a set of facts upon which they will implement audit procedures within CCH TeamMate and then record the results of their audit findings within the software.

"Technology experience can undoubtedly be a differentiating factor between candidates in the internal audit profession,” said Mike Gowell, vice president and general manager, CCH TeamMate. "As technology continues to play an increasingly important role in the recruiting process, we are excited to help DePaul’s students gain valuable experience with automated systems and add another significant component to their résumés.”

CCH TeamMate is the world’s most widely-used audit management system. More than 85,000 auditors across the world rely on CCH TeamMate to improve the internal audit process, including risk assessment, scheduling, planning, execution, review, report generation, trend analysis, committee reporting and storage.

About DePaul University
With an enrollment of more than 25,000 students, DePaul University is the largest Catholic university in North America and the largest private, nonprofit university in the Midwest. It comprises six Chicagoland campuses, a dynamic and growing "virtual” campus, and academic and service-learning programs in some 40 countries.

More than 90,000 DePaul graduates live and work in the Chicago area – in its courts and law offices, government agencies, health and social services facilities, cultural institutions, religious organizations, schools, financial centers and commercial enterprises of every kind. Another 50,000 graduates contribute to the economic, social, cultural and spiritual lives of communities around the world.

The School of Accountancy and Management Information Systems at DePaul University is committed to offering a high quality educational program in Internal Auditing. Development of the internal auditing program began in 2007 with insight into the skills valued by the profession provided by an Advisory Board, comprised of Chief Audit Executives, Internal Audit Directors, as well as Executive Directors of Advisory Services at accounting firms and support from the Chicago Chapter of the Institute of Internal Auditors. DePaul University became a Partner Level school in the Institute of Internal Auditor’s Internal Auditing Education Partnership (IAEP) Program in 2009. DePaul is one of only fourteen schools in the USA (26 internationally) to be recognized with this honor. The School of Accountancy & Management Information Systems offers a concentration in Internal Auditing for its undergraduate major in Accounting.

About ARC Logics
ARC Logics is a provider of proven audit, risk and compliance software solutions, information and services to more than 2,000 clients in over 100 countries. ARC Logics combines both solution-specific and enterprise integration to help legal, compliance, risk, finance and audit departments within an organization rapidly address their unique risk management needs, while building a holistic, enterprise-wide program. The business’ prominent brands include Axentis and CCH TeamMate.

ARC Logics is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2010) of €3.6 billion ($4.7 billion), approximately 19,000 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow @Wolters_Kluwer on Twitter for more information about our market positions, customers, brands, and organization.

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