Patents by Inventor James B. Bassett

James B. Bassett has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Method and system of generating audit procedures and forms
    Patent number: 8036980
    Abstract: The present invention provides a computer-implemented method for assessing risks associated with an audit. A user is presented with a plurality of audit items and a set of risk levels associated with the audit items and may also be presented with a plurality of prompts designed to elicit a set of responses from the user. The set of user responses being associated with a set of risks associated with the audit. The set of risk levels being associated with a set of assertions associated with the audit items and may include first and second risk levels of different degrees. The method further includes processing a set of responses received from the user in response to the items presented. The method includes automatically generating a suggested audit approach that is based at least in part on the processed responses. The method may also determine a set of procedures that are based on the responses. The set of procedures are presented to the user based on the suggested audit approach.
    Type: Grant
    Filed: October 24, 2007
    Date of Patent: October 11, 2011
    Assignee: Thomson Reuters Global Resources
    Inventors: L. Scott Spradling, Stephen W. Lindsey, Marriette L. Kershner, James B. Bassett, Charles Jacobus
  • Method and system of generating audit procedures and forms
    Publication number: 20090113324
    Abstract: The present invention provides a computer-implemented method for assessing risks associated with an audit. A user is presented with a plurality of audit items and a set of risk levels associated with the audit items and may also be presented with a plurality of prompts designed to elicit a set of responses from the user. The set of user responses being associated with a set of risks associated with the audit. The set of risk levels being associated with a set of assertions associated with the audit items and may include first and second risk levels of different degrees. The method further includes processing a set of responses received from the user in response to the items presented. The method includes automatically generating a suggested audit approach that is based at least in part on the processed responses. The method may also determine a set of procedures that are based on the responses. The set of procedures are presented to the user based on the suggested audit approach.
    Type: Application
    Filed: October 24, 2007
    Publication date: April 30, 2009
    Inventors: L. Scott Spradling, Stephen W. Lindsey, Marriette L. Kershner, James B. Bassett, Charles Jacobus