Abstract: A system and method are provided that identify and assess potential areas of exposure for insurance underwriting purposes and allows for the reduction or potential elimination of extensive analysis of such areas of exposure by insurance companies, and also allows for immediate underwriting of risk in reliance of the system's results. The system employs methodologies for use to determine compliance with laws, such as tax laws and retirement and welfare laws in international Class 35, and printed insurance application forms, investigative questionnaires and instructions manuals in international Class 16. In another aspect, the present invention is a system and method for measuring the adequacy of the security required under the fiduciary prudence and prohibited transaction provisions of The Employee Retirement Security Act of 1974, (ERISA), for loans made to a plan participant from the plan, which are secured by the participant's remaining account balance in the plan.

Abstract: A system and method are provided that identify and assess potential areas of exposure for insurance underwriting purposes and allows for the reduction or potential elimination of extensive analysis of such areas of exposure by insurance companies, and also allows for immediate underwriting of risk in reliance of the system's results. The system employs methodologies for use to determine compliance with laws, such as tax laws and retirement and welfare laws in international Class 35, and printed insurance application forms, investigative questionnaires and instructions manuals in international Class 16. In another aspect, the present invention is a system and method for measuring the adequacy of the security required under the fiduciary prudence and prohibited transaction provisions of The Employee Retirement Security Act of 1974, (ERISA), for loans made to a plan participant from the plan, which are secured by the participant's remaining account balance in the plan.

Abstract: The invention provides a system and method for reducing and potentially eliminating the review of source documents by auditors to determine whether there is compliance of an audited subject area with a predetermined set of rules. The inventive system and method provides one or more questions directed to personnel that are familiar with the subject area being audited. It may be accompanied by cross-checking question and/or verification of the responses. The responses and cross-checks or verifications, if any, are compared for consistency and rule compliance. Where non-compliance is determined to exist, or where there is a question whether non-compliance exists, an audit alert is generated. This may be followed by evaluating the audit alert through a review of source documents, thereby eliminating the need for a review of source documents unless an audit alert is determined to exist, and limiting the review of source documents to documents relevant to the audit alert.

Abstract: The invention provides a system and method for reducing and potentially eliminating the review of source documents by auditors to determine whether there is compliance of an audited subject area with a predetermined set of rules. The inventive system and method provides one or more questions directed to personnel that are familiar with the subject area being audited. It may be accompanied by cross-checking question and/or verification of the responses. The responses and cross-checks or verifications, if any, are compared for consistency and rule compliance. Where non-compliance is determined to exist, or where there is a question whether non-compliance exists, an audit alert is generated. This may be followed by evaluating the audit alert through a review of source documents, thereby eliminating the need for a review of source documents unless an audit alert is determined to exist, and limiting the review of source documents to documents relevant to the audit alert.

Abstract: The invention provides a system and method for reducing and potentially eliminating the review of source documents by auditors to determine whether there is compliance of an audited subject area with a predetermined set of rules. The inventive system and method provides one or more questions directed to personnel that are familiar with the subject area being audited. It may be accompanied by cross-checking question and/or verification of the responses. The responses and cross-checks or verifications, if any, are compared for consistency and rule compliance. Where non-compliance is determined to exist, or where there is a question whether non-compliance exists, an audit alert is generated. This may be followed by evaluating the audit alert through a review of source documents, thereby eliminating the need for a review of source documents unless an audit alert is determined to exist, and limiting the review of source documents to documents relevant to the audit alert.