The BarnOwl audit module is a highly configurable audit management solution that supports the full internal audit life cycle of planning, execution, reporting, monitoring, and follow-ups enabling an organisation to streamline and standardise its internal audit processes. The audit module supports true risk and control based auditing ensuring that risks that matter to the organisation are audited and that the results are updated back into risk management. The audit module provides many standard reports, flexible extracts and final audit reports automatically (in Word) as well as providing advanced business intelligence dashboard reporting enabling an organisation to gain insight into ongoing audit findings, root cause analysis, risk analysis, trends, benchmarking etc. The BarnOwl audit module supports and embeds best practices frameworks such as International Professional Practice Framework (IPPF).
Audit Universe Management
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Risk Assessment
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Audit Planning and Scheduling
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Audit Fieldwork and Execution
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Audit Reporting
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Audit Finalisation and Alignment back to Risk Management
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Audit Findings Management
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Follow-up Audits
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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.