Internal Audit Management Application

What is Internal Audit Management?

Think of Internal Audit Management as the “third line of defense” within an organization after Operational Management and Risk & Compliance Management. The primary goal is for this independent and objective process to shed light on risks and implement corrective actions before an external audit is conducted. Internal Audits evaluate and improve the effectiveness of governance, risk management, and control activities.

Internal Audit Compliance in Risk Cloud

Risk Cloud™ is a cloud-based platform with a suite of pre-built Applications that transforms the way you manage GRC processes by combining expert-level content and service with easy, no-code technology.

The Internal Audit Management Application in Risk Cloud gives you independent assurance that you will meet your strategic objectives. The Application’s Audit Universe contains all of the auditable entities within your organization in addition to built-in risk assessment, audit, and corrective action plan workflows to help Internal Audit Teams achieve operational efficiency.