iAudit is an online software solution to support risk-based internal audit processes. The solution covers the basic process of internal audit work - the strategic and annual planning, implementation and management of audit reviews and enables the management of audit programs, findings and recommendations made. In the planning phase, it involves conducting a risk analiysis. The solution also includes monitoring the implementation of recommendations and allowing the creation of various audit reports.
The solution is intended for all users who perform the function of the internal auditor in the company as well as other users involved in the internal audit process such as auditors, risk managers, company management, heads of organizational units and others.
iAudit can be easily integrated into your existing enterprise information environment.
Digitization and automation of process execution (one-time data entry, multiple use).
Transparency and easy to use (all in one place).
Multi-user mode of operation.
Fully adapted terminology and workflow.
Intuitive and user-friendly user interface.
Minimum technical pre-conditions.
The solution is developed in collaboration with external certified internal auditors, trends and guidelines in a specific area of audit. The iAudit solution is suitable and useful in various types of business - banking, manufacturing, the public sector, insurance companies, ...
The software solution is modularly built and parametrically managed. In this way, it enables the individual client to set up a solution according to his wishes. In addition, the development of functionality according to the client's wishes is enabled.
The basic building blocks of the solution:
Audit environment - the audit areas of the company or its affiliates presented in the tree structure.
Risk analysis - a risk assessment tool for planning audit at strategic and annual level. A combination of different risk criteria prepares and adjusts the scope and risk assessment policy of the partial area of the audit. The risk analysis prepares strategic and annual plans in a short time.
Risk Register – a list of all types of risks that have a negative impact on the business objective of the organization.
Audit work - basic information about each audit task (title, purpose, objectives, time frames, audit members, imported work program, findings, recommendations, attachments, etc.) Audit work can be monitored through phases. Audit phases are controlled by certain users.
Audit Program Repository - Audit Working Document Register. An unlimited number of partial audit work proposals that can be introduced for a specific revision are supported. In this way, the entire audit work program is drawn up.
Register of recommendations - recommendations that are written during each audit work and are automatically collected in the Central Registry of Recommendations. The register of recommendations includes fully automatic support for automatic reminders.
Document Management System – An integrated system that allows documents to be imported into IAudit for each audit task. At the stage of creating an audit, the structure of the document system is automatically built. Each audit task contains a standardized folder structure that can be changed according to user needs. The document management system supports the use of templates for drafting audit reports, final reports, minutes, questionnaires...