AuditWatch Expands Franchising System

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November 13, 2000

Contact:
Thomas P. Houck, CPA
President
(703) 736-9565

AuditWatch Expands Franchising System

HERNDON, VA —AuditWatch International Inc. has sold a franchise covering the Canadian provinces of British Columbia, Alberta, Saskatchewan and Manitoba to AuditWatch Canada Inc. located in High River, Alberta.

AuditWatch, Inc. is a premier consulting and training firm serving the audit profession. The mission of the company is to help accounting firms capitalize on the tremendous potential of their audit practices. The company's flagship service is the Audit Productivity Improvement ProgramSM that typically enables accounting firms to improve audit efficiency 20-40 percent in the first year alone. The concepts also have significant applicability to other attest services such as review and compilation engagements.

Other exciting and innovative services provided to accounting firms by AuditWatch include the Data Extraction Implementation Program, AuditWatch's Senior Factory, Supervisor & Manager School, Value-Added Auditing Program, and The Efficient Auditor newsletter. AuditWatch International, an affiliated organization, sells and supports franchise operations throughout the United States and Canada.

Terri Mihaiu, CA is President of AuditWatch Canada Inc. and will provide all of these services to accounting firms in the Canadian provinces listed above.

Ms. Mihaiu also serves as a client services manager for Coakwell Crawford Cairns Chartered Accountants and Management Consultants (CCC), which has offices in High River and Calgary, Alberta. She received a Bachelor of Commerce degree from the University of Calgary.

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