Risk Based Auditing

Risk based Audit Management Software

Risk Based Auditing

Audit Working Papers Overview

The Golden Thread

Business Objectives

The golden thread of risk based auditing is to identify which risks impact upon your business objectives and which controls mitigate those risks. You can then audit those controls to ensure they are effective.

Using Dashboards or the reporting suite, you can quickly identify which risks impact upon your business objectives and which objectives have the most risks connected to them.

The Controls to audit

By selecting your business objectives you can see the risks linked to those objectives. You can then see which controls are linked to those risks.

Incidents are also linked to risks so you can see if the business reported any issues that would indicate a potential problem or an area you might wish to examine further.

Audit The Controls

Control assessments can be scheduled to regenerate on a regular basis or created and issued as an when required. The individual assessment questions can be assigned to business manager or auditors allowing you to collect data from across the business.

Audit Entity with Risks and Controls

You can also look at risks and controls that are linked to an audit entity. You can instantly see the current risk scores of those risks and the latest audit ratings of the associated controls.

Our Customers

Trusted by names you know, from Charities to Banks, Government to PLC

Glasgow City Council Bank of England Mazars acca Toyota Fruit of the loom Cardiff Metropolitan University KPMG Barratt Developments plc ILO BDO gocompare Skipton Ikea Harrods

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