Internal audit

The Internal Audit application allows a long-term audit plan within the organization and medium-term and annual plans derived therefrom. It also allows monitoring of fulfillment of plans and results of individual audits.

Characteristic features of the Internal Audit application:

• Recording, creation, approval, and verification process of annual (but otherwise temporally limited or unlimited) plans.
• In the Internal Audit application it is possible to also record documents associated with the audit.
• The application supports these main documents:
  - audit plan
  - planned and unplanned audits with the option of creating a program and audit report
  - report on non-compliance – records all interactions between solution actors of reported non-compliance.
• The Internal Audit application is closely bound to MS Office and the system allows work with attachments of that type.
• The application provides an opportunity for reports (temporally sought out) of various sorts, e.g., confirmations of approvals and receipt of programs or audit reports by invited audit participants...
• Approval and procedural workflows in the application allow the recording or reactions of proposers and approvers to suggestions relating to corrective measures (NO) and, last abut not least, also of means for record verification of activities of the corrective measure.
• The application automatically reports on the history of the workflow. Every hand-over of a relevant document to a user in the process is accompanied by a notice to his own mail. Workflow is bound to functional places in the organization’s structure.

The application is tied to the organizational structure through the Internet Directory, and workflow processes are thus controlled through functional places and fungibility is supported.

Main benefits of the product:

• Order – all important documents in one place.
• Accessibility – documents can be accessed at any time, from anywhere.
• Reliability – all creation, records, suggestions, verification, approval, publication, or other tasks with documents are controlled by the system.
• Security – which tasks may be carried out with documents and who is authorized are stipulated by organization regulations.
• Ease of operation – documents are presented to the user in graphic form of noticeably differing forms.
• Possibility of adaptation and growth – the system is open and modular, which allows its modification precisely for the customer’s needs as well as its expansion in the future.

Main benefits of the product:

• Medium-term and annual audit plans, determination, risks, recommendations, and measures (main database)
• Daily reports – simple daily reports of auditors with non-binding ties to the audit
• Expressions – of audited persons and responsible persons
• Registry – gives users access to determinations, measures, and recommendations
• Catalogue of risks – code-book
• Catalogue of processes – list of processes for qualification of risks
• Suggestions for plan – Collection of Suggestions
• Travel expenses
• Audit Archive

Possibilities of connection to other applications:

• Discussion database