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Automated Auditing With COSO

Reliant Solutions Inc. has started selling ReliantAuditor, a continuous risk management solution for audit executives that includes a COSO framework.

By Staff Writer | Updated on March 24, 2008

Reliant Solutions Inc. has started selling ReliantAuditor, a continuous risk management solution for audit executives that includes a COSO framework. After working closely with client Mindspeed Technologies over the past two years to develop the technology, Reliant says the product is now generally available. Dipak Shah, Reliant CEO and cofounder, says Reliant integrates continuous monitoring of internal controls with automated audit operations and risk assessment and a COSO risk framework. Why COSO? “After talking with the biggest U.S. companies, it became crystal clear that COSO is the predominant choice,” says Shah. Mindspeed is pleased. “Reliant has automated and integrated all the key components of auditing into giving us a dynamic framework for managing our internal controls and the ability to have true continuous auditing,” says Bill Hagerman, Mindspeed’s executive director of internal audit.

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