WorkPapers Lite

WorkPapers is an audit, investigation, and documentation project management electronic working papers software designed for financial auditors, systems auditors, penetration testers, attorneys, investigators, compliance managers, and others.

Most recently, WorkPapers has aided in numerous Sarbanes-Oxley internal control testing projects. If you are a Sarbanes-Oxley project manager or an internal audit manager, and you are still fumbling with Microsoft Word and Microsoft Excel in managing projects, tracking status, and reporting results, then this tool is definitely for you!

Here are some key features of "WorkPapers Lite":

￭ Tick mark system for tracking task completion, review, and finalization of individual audit steps. This tick mark feature is linked to the status reports in order to provide real-time status tracking of audit work. (Lite/Standard)

￭ Archive your work for re-use of audit programs, or save audit programs as templates and share with colleagues or other professionals. (Lite/Standard)

￭ Track the status of audit projects with an at-a-glance status interface that displays the total number of worksteps, percentage of completion, number of findings, and other pertinent information. (Lite/Standard)

￭ Reporting module to help reduce the time necessary to prepare for closing meetings and results presentation. Reports can be saved in rich text (MS Word) format or plain text for individual custom formatting. (Lite/Standard)

￭ WorkPapers electronic data is encrypted on the user's local hard drive to keep sensitive audit details from prying eyes. The standard version also offers a user management feature that provides individual logins. (Lite/Standard)

￭ Schedule users and task execution by assigning users to specific tasks. Access security is integrated with task scheduling, so managers can rest assured that only scheduled users are editing audit documents. (Standard)

￭ Create replicas of audit work steps and send to audit team members for execution and follow-up. Then put those completed steps back into the master copy for review and reporting. (Standard)

￭ Work in groups of users with the replication function and manage user access with individual login names and passwords. Passwords are stored in 128-bit encrypted format, so all login information is secure. (Standard)

￭ Generous online help system and responsive email/chat support for registered users. Also, offer an online bug tracking system for looking up issues and work-arounds. (Lite/Standard)

Limitations:

￭ unregistered copies are limited to 15 task inputs (work steps) in total