Audit planning is achieved through visibility into key risk areas of the organization to ensure audit can focus on high impact and less controlled areas. Audit committee can review dashboards like this to punctuate the need to assign resources to critical risk-based audits.
Risks and regulations abound in business. So too can assurance and compliance monitoring activities. As a result, audit fatigue may set in if auditees become inundated with numerous and sometimes redundant requests for time and information. Fortunately, our internal audit software provides a common, integrated view of key risks and related assurance activities to support efficient and effective assurance planning and coverage.
Robust issue-tracking methodology is essential for effective internal audit. The right methodology should define who is accountable, what types of issues will be tracked, the scope, the required follow up, who will review issue reports and how often, and whether or not issues are being dealt with. Our powerful workflow tool and comprehensive dashboards make it easy to track issues and ensure accountability so you can be assured your business is running smoothly.
We're here to answer any questions you might have.
The Internal Audit application will help you target and manage the audits more effectively increasing your time for analysis and other value add activities. You can perform risk assessments as part of audit planning, request information from your audit clients, attach risk and controls to your audits from a common library and create one-click audit reports. This application is suitable for multi-entity organizations as well as small business.
Internal Audit is a web-based application that can take everything you currently do in spreadsheets and emails surrounding the audit process. For example, audit planning, audit fieldwork, audit reporting, issues and action plan management, so you spend less time on collecting and aggregating data, and more time on analysis and real-time reporting.
You can be up and running in 15 days. We have pre-configured an Internal Audit quick start program that includes information fields you would capture in an audit for example Audit Scope, Audit Background, Audit Conclusion. This includes the time spent on software training. Customization of the application including special reports may require additional time.
You can perform a risk-based assessment for your audits and house all audits in the application while managing their status, timing and progress.
The application can be used on a mobile device. There is no installation of software required.
Depending on permissions, other people outside of the audit team can be provided access to view information such as issues and action plans. Your risk department might also have access to the risk library where they can perform assessments with the risk owners. Permissions can be configured ensure that private and confidential information is not viewed or edited.
You definitely can. File attachments such as word, excel, pdf, picture files are all supported.
Fast! Resolver’s search functionality will return a page of search results through 50,000 records in less than 0.5 seconds.
Internal Audit has an excel import tool. If you are able to get the data in an Excel format that mirrors the fields in the application, we will be able to load it in.
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