Houston – May 3, 2012 – The University of Massachusetts Boston (UMass Boston) has joined the IDEA Academic Partnership and received a network license of IDEA® – Data Analysis Software to help business students gain a competitive edge by working with the same technology used by accounts, auditors and financial professionals.
The in-kind donation, valued at $405,000, will enable hundreds of students to learn hands-on data analysis techniques to help their future employers get to the root cause of fraud, waste and abuse within their organization. UMass Boston joins more than 160 colleges and universities throughout the U.S. that participate in the IDEA Academic Partnership which is focused on helping students develop critical thinking skills and gain valuable experience.
"The College of Management is pleased to be a part of the IDEA Academic Partnership, and looks forward to offering its undergraduate and graduate students this cutting edge data analysis tool,” said Dean Philip L. Quaglieri. “It's a marvelous gift that will certainly better prepare them for exciting career opportunities."
"IDEA would provide our students with a valuable tool to hone their data analysis skills and thereby maintain high standards of professional excellence in the fields of accounting and auditing, said Professor Surjit Tinaikar."
“For 25 years, IDEA has been the tool of choice among major accounting firms, corporations and various government institutions because it gives the user a 360° view of data and 100% coverage,” said Dana Newman, Director, IDEA Academic Partnership. “By using IDEA in the classroom, and taking that knowledge into the workforce after graduation, UMass Boston students will learn how to look at data from different angles to see the big picture, identify relationships and patterns, and explore transactional data in depth. That knowledge will help them add value to their future employers and their profession.”
The IDEA Academic Partnership is sponsored by Audimation Services, Inc., the sole U.S. distributor of IDEA, CaseWare Monitor™ and SmartExporter. Participation is offered at no cost to U.S. accredited college and university educators. Additional information is available at IDEA Academic Partnership.
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. It allows users to quickly import, join, analyze, sample and extract data from almost any source, including reports printed to a file, such as PDFs. With unlimited file size capabilities and an intuitive user interface, IDEA has the ability to analyze large volumes of data in seconds. IDEA is used in 16 languages in more than 90 countries, by major accounting firms, government, corporations in all industry sectors and by universities as a teaching tool.
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.