Audit Management We help you gain control of your complete audit lifecycle and enable you to manage and prioritize your Audit Cycle based on strategic business initiatives and thus increase the efficiency and overall governance of the Audit Program. Key Features Audit Engagements Easy tracking of the status of audit engaments and workpapers Enables you to report on audit results in a consitent manner and easily update the audit reports with changes to audit findings remediation plans and workpapers Provides the capability to build a centralized audit program library and workpaper repository Audit Planning & Scheduling Provides the complete workflow to create and assess audit entities, perform risk assessments and manage audit plans A centralized repository to store and manage audit plans, audit entities, and assessment results Offers out-of-the-box best practices aligned with the Institute of Internal Audit (IIA) standards and Committee of Sponsoring Organizations (COSO) framework Enables internal audit team to ensure that audit objectives are aligned with risk management and other related groups Benefits Consolidate your entire audit program into one centalized platform Have a clear understanding of the current state of the business, which leads to better audit planning and scoping Execute audits on a risk-driven plan aligned with the organization’s objectives and focuses on the most important risks Easily generate audit reports and findings Quickly provide Management-level reporting that keeps the audit committee well-informed of the status of audit plans, risk and critical findings