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MetricStream to Present a Webinar on Risk Based Auditing

Executive member from Institute of Internal Audits and MetricStream to discuss how Audit Departments can implement an integrated risk-based audit process across the enterprise to improve business performance and reduce cost

January 18, 2011 | Palo Alto, California: MetricStream Inc., the market leader in Enterprise Governance, Risk and Compliance (GRC) solutions, announced today that William J. (Bill) Mulcahy - Chairman of the Institute of Internal Auditors 2010 International Conference in Atlanta, Georgia, will join Gaurav Kapoor, CFO and General Manager, MetricStream, in a webinar on Risk Based Auditing.

About the webinar

The ambiguous economic milieu of today places higher demands on auditors. In their changed roles, auditors are the gatekeepers to certify complete safety and risk control. Companies need an assurance from their auditors to confirm the effective management of relevant risks and smooth functioning of appropriate controls to protect the company from hazardous circumstances.

Auditors need to adopt a streamlined risk-based audit process to handle greater risk areas. Reliable assessment of controls across all parameters of the enterprise ensures higher compliance with statutory, legal and regulatory needs. As a trend to cope with the new challenges, majority of large global enterprises are looking at restructuring their audit management system by moving to an integrated risk-based approach to auditing.

A robust and integrated audit management solution can support organizations in their transition to risk-based auditing and drive efficiency, collaboration, visibility and cost-reduction into the operations of the enterprise.

The webinar will deliver a 360 degree perspective on adopting risk-based auditing. The speakers will provide insights on:

  • Developing a risk-based audit plan for the organization focusing on key risks
  • Creating a risk-centric environment for managing new threats and challenges
  • Monitoring Internal Audit and controls to ensure consistency
  • Improving business performance through risk-based internal audit framework
About the speakers

William J. (Bill) Mulcahy, CPA, CIA, MS
Bill is the Chairman of the Institute of Internal Auditors 2010 International Conference in Atlanta, Georgia. Bill is Chairman of the Board and past President of the 1,900 member Institute of Internal Auditors, Atlanta Chapter. Starting at Emory University in1989, he has served as the Director of the Office of Grants and Contracts Accounting, an Associate Vice President for Finance and Administration, and as the Chief Audit Officer. Bill was the Chief Audit Officer for Emory University, from 1994 until his retirement in 2007. Prior to coming to Emory, Bill earned his Certified Public Accountant designation during his ten years with Arthur Andersen & Co.

Gaurav Kapoor, CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Join the webinar
The webinar is scheduled to take place on Tuesday January 18, 2011 at 09:00 am Pacific Time (12:00 pm Eastern Time, 05:00 pm GMT) To register for this event, please click here: http://www.metricstream.com/webinars/risk_based_auditing_18jan11.html

About MetricStream
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Solutions for global corporations. MetricStream solutions are used by leading corporations such as Pfizer, Philips, NASDAQ, UBS, SanDisk, BP, Subway, Fairchild Semiconductor, Hitachi and TaylorMade-Adidas Golf in diverse industries such as Pharmaceuticals, Medical Devices, Automotive, Food, High Tech Manufacturing, Energy and Financial Services to manage their quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as by over a million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

Media contact:
pr@metricstream.com