BarnOwl Audit supports an integrated risk and control based audit approach so that the risks that matter to an organisation are audited and updated back into risk management, where the ultimate responsibility for managing the risk lies. In addition, BarnOwl is flexible and can be configured for any standard audit methodology/s such as forensic auditing, ad hoc auditing, quality assurance auditing etc. BarnOwl facilitates the full audit cycle from planning, field work, execution, reporting to audit finalisation.
Fully integrated governance, risk, compliance and audit software solution
BarnOwl provides an end-to-end solution in support of the Combined Assurance Model.
Data can be analysed in detail (tests and samples) since it is stored at a granular level in the database as opposed to Excel attachments.
Many standard reports such as project analysis, timesheet analysis, finding analysis, scorecards and various data extracts can be generated at the click of a button.
During the close-out stage of a project, BarnOwl creates ‘living’ action plans which are allocated to the responsible individual (auditee) with due date, email notifications, reminders and escalation. These action plans are updated online by the responsible individual and monitored on an on-going basis.
BarnOwl Risk Management software helps you achieve your strategic objectives and enables a culture of risk planning and control with accountability and ownership throughout your organisation. Continual monitoring of your risk universe gives you comfort and confidence in managing your business.
BarnOwl Compliance software allows you to import the various acts, legislation, policies and procedures that you are required to comply with, link these to associated risks and monitor compliance. This facilitates regulatory compliance and director protection.
BarnOwl Audit software supports any type of audit methodology including risk and control based auditing in support of best practice standards, ensuring that the key risks in your organisation are audited. BarnOwl facilitates all phases of auditing from planning through to reporting with advanced online and offline execution.