Overview of Audit

The Audit app is your one-stop-shop platform that serves the needs of internal audits such as conducting audit risk assessments and preparing your audit plans. Use the Audit app to streamline and enhance the early stages of the audit process, with a focus on collaboration and efficiency in audit planning.

Key features

Here are the key features of Audit:

• Audit universe and audit risk assessment Define and manage the audit universe, conduct audit risk assessments, and create audit plans based on customizable factors and scoring.

• Audit planning Create and manage audit plans efficiently. This includes linking audit risk assessments to audit plans and tracking their progress through various phases, such as planning, execution, and closure.

• Audit fieldwork Execute your audits after detailed scoping is complete, assigning and managing tests and tracking their progress in one board. After you close the audit you can summarize and share the results for an audit report.

• Object library Access shared Governance, Risk, and Compliance (GRC) objects such as controls, processes, assessment methods, and control assessments within Audit, without requiring separate Risk Manager or Internal Controls entitlements.

• Seamless integration The Audit app integrates with other applications and data sources within the platform, allowing for streamlined data flow and collaboration between internal teams.