TransCanada’s Audit Foundation for the Expansion of Business Operations


How TransCanada Achieved Value in Audit Management

Executive Summary 

Today’s audit department has growing demands to do more audits across operations and relationships while still being constrained by limited resources to fulfill these demands.  To effectively conduct audits, efficiently manage limited audit resources, and meet the agility required of a dynamic business environment requires a top-down approach to audit that is driven by risk-based priorities and technology is utilized to manage resources, analyze data, and streamline audit operations. To address a sustainable audit program for the organization, TransCanada selected Resolver’s GRC Cloud offering. This provided TransCanada an integrated audit management solution to collaborate, understand risk, align audit with strategic planning, and drive business value. GRC 20/20 has evaluated and verified the implementation of Resolver GRC Cloud at TransCanada and confirms that this implementation has achieved measurable value across the elements of GRC efficiency, effectiveness, and agility. In this context, GRC 20/20 has recognized Resolver and TransCanada with a 2014 GRC Value Award in the domain of Audit Management. 

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