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.

 

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The function / module Internal audit functions belongs to:

Audit

Software solutions with function or module Internal audit functions:

FACTORY ASSISTANT (MR.KNOW)
From digital worker guidance, maintenance and production monitoring to emergency managemen
Web-based solution for audit and measure management
elKomBI
elKomBI
 
 
 
 
 
 
Controlling software for analysis, planning and reporting with IBM Planning Analytics TM1
The Digital Factory with Customized Software from PDA and MES
Digitize your EHSQ and ESG management with Quentic.
e5S-Audit
 
 
 
 
 
 
Digital audits for systematic workplace optimization
roXtra
 
 
 
 
 
 
The software for your digital quality management
CRISAM® GRC
CRISAM® GRC
 
 
 
 
 
 
Risk management for your company
CAQ.Net - Quality Management Software Solutions
Modular quality management software solutions for all industries and company sizes.
Field-proven software for internal audits
Show all 38 programs with Internal audit functions