A large, publicly traded software company had acquired a smaller software company. Both companies sold installation and training, along with their software, that was subject to specific accounting rules and record-keeping requirements. The acquisition company did not have adequate records proving they complied with the accounting rules. Without this, sales could not proceed normally and a significant volume of business was at risk.
With her extensive technical background in accounting rules for software, Julie Cline was well-versed in the audit standard and documentation that was needed. She also understood the operations of the acquired company to know how the data could be recreated.