The Systemic Audit Management process allows organizations to carry out the internal audit cycle in a planned and controlled manner, where it is possible to have a continuous view of the tests carried out, stages of the audit cycle, identified points and referrals given to these points.
Main specific benefits Systemic Audit Management:
Facilitates the management of audit work;
Increases the productivity of the audit team;
Improves audit engagement governance by providing greater visibility and tracking of working papers;
Reduces the time spent in the audit cycle (Start of work to report);
Facilitates the follow-up of identified audit points and their resolution;
Provides a single, reliable basis for real-time consultation of audit work performed.
AUDIT MANAGEMENT PRACTICES AND TECHNIQUES
… EXPERIENCE MAKES ALL THE DIFFERENCE IN USING THE THROTTLE AND TOOLS!
A well-defined Audit Management process should provide guidelines focused on meeting the main auditing standards in the market and contribute to the maturation of internal processes, as it facilitates the governance of audit work, giving visibility to the points for improvement raised and their respective remediation plans. It should also foster the creation of a culture of controls within the company and strengthen the role of the auditor as a business partner in seeking solutions for the identified points. Real-time consultation of audit work performed.
Definition of the Roles and Responsibilities of those involved in the Audit:
THE DEFINITION OF ROLES AND RESPONSIBILITIES (RACI MATRIX) FOR THOSE INVOLVED IN THE AUDIT MANAGEMENT PROCESS STRENGTHENS THE ROLE OF THE AUDITOR!
The person who performs the audit on an audit engagement. An auditor:
- Manages working documents;
- Create audit results/points (findings) and action plans;
Responsible for the Audit
The person responsible for the audit is an auditor who performs the following additional tasks:
- Prepares work programs;
- Prepares the audit report;
The audit manager creates and initiates audits, organizes resources for the audits, and reviews work programs and audit reports.
Chief Audit Executive (CAE)
The chief audit executive (CAE) prepares the audit plan for the organization based on risk assessments, oversees the audit process, ensures the execution of the audit plan, and communicates the audit results to the board and the board.
The responsible officer is the person responsible for the activity or process to be audited, for example, someone from management in the auditee’s organization.
Responsible for the Action Plan
The person responsible for the actions proposed in the audit results.
USER EXPERIENCE IN THE AUDIT MANAGEMENT PROCESS MAKES ALL THE DIFFERENCE WHEN SEEKING THE BEST ENGAGEMENT OF ALL
SAP has incorporated SAP Fiori’s modern design into its products so that users can enjoy a consistent experience from start to finish. SAP Fiori is part of the SAP platform solutions for Governance, Risk and Compliance (GRC), which includes SAP Audit Management (solution for audit management. With the use of SAP FIORI interfaces for GRC, the Internal Audit process increases its acceptance by employees as a result of an appealing design tailored to each task.
Examples of FIORI Apps for SAP Audit Management
End User | Managers | Administrators | Reports
How we help our customers
Process and platform domain
Faced with constant innovations in practices and systemic solutions, you don’t have to worry. We are specialized and prepared to recommend the best processes and platform to address your requirements and challenges
Implementation of the right measure
All processes are modeled observing GRC requirements and safety practices, internal policies, regulations etc. We carry out the configurations of the adopted solution seeking to improve the user experience and reduce the operational cost of the process.
Support and Sustention
We offer specialized AMS support services for operating and sustaining the established process. We have a team trained in the process and solution, and differentiated methods and practices for service and continuous compliance assurance. COMPLIANCE OPERATOR support. A TrustSis exclusive!