Houston – May 11, 2010 – Audimation Services, Inc. has selected Leslie Townsend, senior director of Corporate Internal Audit at Edwards Lifesciences in Irvine, CA as the recipient of the 2010 IDEA User of Excellence Award.
Townsend, a CPA and Certified Fraud Examiner (CFE), was selected for her ability to find creative uses of IDEA and for utilizing the IDEA Help Desk to assist her in accessing data for examination. The award will be presented to Townsend at the 2nd North America IDEA User Conference, which will be held on Oct. 5-6, 2010 in The Woodlands (Houston), TX. The IDEA User of Excellence Award is designed to recognize IDEA users for their creativity and resourcefulness in using the product to deliver better results that ultimately affect their organization’s bottom line.
“IDEA is a robust tool that allows our department to perform data analytics which provide insight into business operations and performance,” said Townsend. “Almost every audit includes some type of inventory, disbursement, receivable, or payroll analytic which leads us to open the door to more complex analyses and detect subtle trends or anomalies not readily apparent. The ease of use around the IDEA application and the excellent training offered at a reasonable cost allow any level of staff to quickly come up to a proficient competency level. The “20 minute rule” for technical support, when needed, has been an important part of our continued satisfaction with Audimation Services and the IDEA application. For the last seven years that we have used IDEA, we have optimized our time in the field and reduced our audit costs.”
Edwards Lifesciences is the global leader in the science of heart valves and hemodynamic monitoring. In her current role, Townsend leads her department in performing compliance and operational audits, annual Sarbanes-Oxley efforts, and provides external audit support. Prior to joining Edwards Lifesciences, Townsend served in a variety of roles in internal audit, and regional and corporate accounting positions in the grocery and banking industries.
“Leslie has embraced IDEA to help her team conduct more efficient and effective audits,” said Carolyn Newman, president, Audimation Services. “She has continued to exhibit confidence in the product and was a motivating factor in our development of the “Townsend Flip,” a technique we named for her, where the user takes imported vertical data and makes it horizontal with one row per unique record. We are pleased to recognize her innovative use of IDEA with this award.”
About Audimation Services, Inc.
Audimation Services, Inc. provides data analysis expertise and technology to accountants, auditors and financial professionals. Through its partnership with CaseWare IDEA Inc., Audimation Services offers the most powerful and complete set of data analysis software available to improve auditing performance and detect fraud. Founded in 1992 and headquartered in Houston, the company is recognized for its extensive knowledge in areas such as data analysis, internal and external auditing, financial and operational auditing and fraud detection. For more information about Audimation Services and IDEA products, 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.