SoftGuide > Functions / Modules Designation > Internal audit functions

Internal audit functions

What is meant by Internal audit functions?

The "Internal Audit Function" refers to the process of independently assessing and reviewing business processes, internal controls, and compliance procedures within an organization. The aim is to evaluate the effectiveness, efficiency, and reliability of internal controls and ensure they comply with legal requirements, internal policies, and best practices.

Typical functions of software in the "Internal Audit Function" area are:

  1. Audit planning and scheduling: Assisting in the development of audit plans, resource allocation, and scheduling of audit activities based on risk assessments and compliance requirements.

  2. Risk assessment: Assessing business risks and identifying weaknesses in business processes, internal controls, and compliance procedures to determine the focus of internal audits.

  3. Audit execution: Conducting audits according to the audit plan, including collecting evidence, assessing controls, and identifying deviations from standards and policies.

  4. Document management: Managing audit documentation, reports, and findings, as well as storing relevant documents and evidence for future reference and review.

  5. Action tracking: Tracking and monitoring action plans to address identified deficiencies or weaknesses to ensure required corrective actions are taken.

 

Save time and let SoftGuide do the research for you!

Learn more now!

The function / module Internal audit functions belongs to:

Audit

Software solutions with function or module Internal audit functions:

firstaudit by flowdit - Audit, Inspection & more
Your digital tool for compliant and efficient audit and inspection processes.
CRISAM® GRC
CRISAM® GRC
 
 
 
 
 
 
Risk management for your company
NEVARIS Finance
NEVARIS Finance
 
 
 
 
 
 
NEVARIS Finance. The ERP software for construction companies.
BESTMIX® Food
 
 
 
 
 
 
Software for recipe management, product specifications, nutritional value calculation, ing
SmartProcess
SmartProcess
 
 
 
 
 
 
Process management, QM software and workflow software
Quentic (The leading software for EHSQ & ESG management)
Digitize your EHSQ and ESG management with Quentic.
elKomPLAN
elKomPLAN
 
 
 
 
 
 
Software for integrated corporate planning, reporting and group consolidation
e-QSS
e-QSS
 
 
 
 
 
 
QM software for the intelligent digitalization of all quality processes
Improve QM-Software
Improve QM-Software
 
 
 
 
 
 
Quality Management Software, CAQ and QM Solution, Risk Management
CAQ.Net - Quality Management Software Solutions
Modular quality management software solutions for all industries and company sizes.
Show all 40 programs with Internal audit functions