Press Releases New Products and Conferences

AICPA Launches ControlsDOC in Three Versions

(NEW YORK, May 2, 2008) – The­ American Institute of Certified Public Accountants (AICPA) introduces new proprietary controls-related software tools in the marketplace in three distinct versions available through the store at www.CPA2Biz.com. ControlsDoc is now available in Lite, Standard and Suite to meet the needs of companies of various sizes. The new ControlsDocSM versions are a joint venture between The Cobre Group and Lynford Graham, CPA, Ph. D., Certified Fraud Examiner (CFE), author, consultant and recent former member of the AICPA Auditing Standards Board and the SOX "Section 404" Implementation Task Force. The newly enhanced CPA2Biz site features two separate demonstrations, an overview of ControlsDoc by Graham online and easy online purchasing for AICPA members and non members.

All three variations of ControlsDoc are designed to capture the required controls documentation and to assist companies and auditors in evaluating the effectiveness of controls design. The program also uses the five components of the COSO Internal Controls framework to assess the value of internal controls.

"We know the new requirements, but it’s time to get organized and efficient in assessing the design and implementation of controls," said Graham.

ControlsDocLite: New Affordable Version for Small Business

ControlsDocLite is an affordable new alternative that adds efficiency by providing the tools directed to the simpler documentation needs of smaller businesses, and not bogging down the process with questions and input intended for larger and more complex companies. Lite speeds up the controls documentation process and simplifies the initial data entry relating to controls documentation.  ControlsDocLite shares many of the same software features of ControlsDoc including security and access options, archiving and "rollover" capability, and deficiency and status reports generation.

All versions of ControlsDoc are available as an annual subscription. Cost for AICPA members is $400 for ControlsDocLite, $800 for ControlsDocStandard and $4000 for ControlsDocSuite. ControlsDocSuite gives access to “lite,” “standard” and Web versions for use on networks and for multiple users and multiple clients. Purchase online through CPA2Biz or by calling (888) 777-7077.