Houston – July 8, 2015 – CaseWare Analytics and Audimation Services, Inc. have selected Alexander Muina, Assistant Director for IT Audits with the University of Miami Office of Audit and Advisory Services, as the recipient of the 2015 U.S. IDEA® User of Excellence Award. He is being recognized for effectively using CaseWare IDEA to achieve organizational goals and involve department leaders in the process of strengthening controls.
IDEA is a powerful and user-friendly tool designed to help accounting and financial professionals extend their auditing capabilities, detect fraud and meet documentation standards. Alexander Muina, CISA, CRISC, GSNA, began using IDEA in 2006 to assist auditors in risk planning, transaction testing, and investigations. He quickly realized that using IDEA for exception testing enabled auditors to provide as much as 80 to 90 percent more coverage of transactional data, and increase efficiency levels to focus on exceptions. Using IDEA, Alex helped the University move from periodic, random sampling of PCard transactions to 100% coverage. He has worked with department managers to involve them in the exception review and resolution process, which has resulted in new procedures and strengthened internal controls. By streamlining test and review processes, auditors have more time to focus on project planning and control environment reviews, which resulted in more efficient and effective audits.
“IDEA quickly became a staple for our audit department,” said Muina. “We are actively looking for new ways to turn our processes into a more data-centric approach. It gives us the opportunity to work with department managers who follow-up on potential issues and conduct their own independent reviews. That level of involvement benefits our organization from the top down.”
Muina was nominated by Diane Spiller, CIA, CISA, CCSA, Audit Director with the University of Miami. Spiller cited his ability to use technology to overcome challenges and address complex processes for the University. Based on the success of the PCard project, auditors are now working with other departments to establish similar projects for other types of data sources throughout the University.
“Alexander Muina has been instrumental in helping us use IDEA to find more efficient ways of testing key areas,” said Spiller. “We are excited to see his approach for using CaseWare technologies to help more areas within our organization.”
"We received some compelling nominations this year, but Alex's ability to use IDEA to improve existing processes really highlighted his capabilities," said Carolyn Newman, president of Audimation Services, Inc. "His use of technology to help achieve strategic organizational goals is truly impressive and makes him a worthy candidate for this award."
Prior to joining the University of Miami, Muina worked for public accounting firms including Deloitte and KPMG. During his 15 years of public accounting and internal audit experience, Muina has developed his expertise in financial and compliance auditing, information security, computer forensics, risk management, system integrations, HIPAA, PCI DSS, and data analytics.
During his tenure at the University, he established and implemented the use of computer forensics in the Office of Audit and Advisory Services and a continuous monitoring programs using IDEA. Muina earned a master’s degree in Computer Information Systems from the University of Miami, and bachelor degrees in accounting, and finance and international business from Florida International University. He is actively involved with professional groups including Information Systems Audit and Control Association (ISACA), The Institute of Internal Auditors (IIA), and the Association of College and University Auditors (ACUA).
Muina will receive the U.S. IDEA User of Excellence Award at an upcoming industry event and will be recognized at the 5th IDEA User Conference on May 25-26, 2016 in Orlando, FL.
About the University of Miami
A private research university with more than 16,000 students from around the world, the University of Miami is a vibrant and diverse academic community focused on teaching and learning, the discovery of new knowledge, and service to the South Florida region and beyond. Established in 1925, the University comprises 11 schools and colleges serving undergraduate and graduate students in more than 180 majors and programs. Visit www.miami.edu for more information.
About Audimation Services, Inc.
Founded in 1992, Audimation Services, Inc. is a leader in providing data analysis technology to help companies understand their data, assess risks, test controls, and fight fraud. As the sole U.S. distributor of IDEA® – Data Analysis Software, CaseWare™ Monitor and SmartExporter for SAP®, we help our clients maximize their technology investments by providing support, training and other valuable resources. For more information about Audimation Services, visit www.audimation.com or call 888.641.2800.
About CaseWare IDEA Inc.
CaseWare IDEA Inc. is a privately held software development and marketing company, with offices in Toronto and Ottawa, Canada, and distributor partners serving more than 90 countries. CaseWare IDEA Inc. is a subsidiary of CaseWare International Inc., the world leader in business-intelligence software for accountants, auditors and other professionals.
IDEA is a registered trademark of CaseWare International Inc.
Audimation Services, Inc.