Configurable Solutions for Risk Based Audits
You need to manage the audit lifecycle starting with risks, identifying and executing tests, managing evidence and work papers, reviewing test results, managing findings, and issuing a formal audit report. DoubleCheck will allow you to automate the process, maintain audit results and evidence, assure management follow up for issues and effectively report results and status.
Conduct Operational Audits Effectively and Efficiently
You need to demonstrate ongoing compliance with standards or regulations. This can be complicated by multiple divisions, offices, types of audits, sampling plans and testing requirements. DoubleCheck helps you to automate the process, maintain a database of actions and results, and generate reports and insights about your performance.
Tools for Systematic Audit Planning
You need a systematic approach to building an audit plan. You need to consider past audit results, high risk areas, time elapsed since last audit and any number of other factors. And of course you are limited by the number of hours and resources available. Building a plan for executive approval can be complex and time consuming. DoubleCheck’s audit planning tools makes the planning process faster and more effective.
Perform regular assessments of risks, ensuring scope and impact is current, mitigation and remediation plans are up to date and appropriate management has reviewed and approved the results. You can also perform regular surveys to assure potential new risks are identified, reviewed and considered.
Scheduling periodic risk reviews allows you the gauge and record any updates and modifications, and forward them along for approvals.
Planning and execution
Allows for assurance that risk assessments and associated processes will be performed, particularly for control testing and issues resolution.
Ability to hold accountability for risk assessments. Reviews provide a process to expose, record, and resolve issues that are noted in the assessments.
Results and real-time updates can be reported through dashboards, reports and email based notifications.
Ability to created, managed, and resolved issues that arise throughout the process.