Audit & Compliance Software Technology

Use of integrated office software can enhance the productivity of audit and compliance professionals.

The job of an audit or compliance professional is to ensure standards and procedures are followed according to company guidelines. The field of audit ranges from financial to information systems audit. Audits can use existing software programs which can automate audit tasks.

Function

The use of audit and compliance software assist auditors by providing applications to schedule, conduct and formulate audit reports which can be generated by using integrated software programs. The automation of the audit process makes it easier for auditors to track information regarding audit reviews and examinations.

Features

Audit and compliance software features word processing programs to generate audit checklists, work papers and reports. Most checklists are also generated by database programs. Compliance manuals can be stored on disk and researched through word processing software. Scheduling, contact management, work-group management, email and project analysis programs are also used.

Expert Insight

An office integration suite software package can be designed for audit and compliance activities. Office suite software has many of the modules which can be used by an auditor to enhance productivity. Software can also facilitate various auditors researching compliance issues in a work-group management environment.

References

• Laubrass.com: Automating the audit process

Resources

• Bnet Interactive Business Network: Using Groupware for Audit Automation