November 13, 2001

Contact:
Thomas P. Houck, President
(800) 775-9866

For Immediate Release

“Excellence in Auditing” Roundtable Held in Virginia;
First Ever Auditing “Musical” is a Hit

HERNDON, VA — Partners and managers from local and regional accounting firms throughout North America attended the 5th Annual “Excellence in Auditing” Roundtable on November 5 at the Washington Dulles Hilton Hotel in Herndon, Virginia.

The event’s speakers included three individuals from Accounting Today’s List of the 100 Most Influential Persons in the accounting profession. Jay N. Nisberg (Jay Nisberg & Associates), Tom C. Davis (Knowledge Concepts, Inc.), and Thomas P. Houck (AuditWatch, Inc.) addressed a variety of opportunities and challenges facing auditors.

Five companies sponsored the 2001 Roundtable: RSM McGladrey Inc., Practitioners Publishing Company (PPC), CCH/e-Pace!, FirmWorks, and AuditWatch, Inc.

The luncheon entertainment featured an “Auditing Musical.” The live entertainment included well-known show tunes and pop/rock hits with “lyrics that only auditors would understand.”

Elliott Roth, a partner at Goldenberg Rosenthal LLP in Jenkintown, PA, stated, “The musical was hilarious. The entertainment was even better than last year’s Auditing Carnival.”

Attendance at the Roundtable was limited to accounting firms who participated in AuditWatch’s Audit Productivity Improvement Program, a comprehensive initiative for firms committed to significantly improving audit efficiency. Many of the attending firms have improved efficiency 20-40 percent in the AuditWatch program.

AuditWatch, Inc. is the nation’s premier consulting and training firm serving the audit profession. The company helps firms to conduct more efficient and value-added engagements. AuditWatch also offers a variety of core-level training programs for staff auditors.