System Administration Module

  • Option to use by setting up corporate email ‘internalaudit@yourcompany.com’ to send Audit Reports and Follow up actions directly from Auditrek.
  • Set up your organization structure and processes
  • Create multiple roles and users.
  • Enable / Disable workflow for at role and module level.
  • Customize Auditrek to align with Entity’s Risk Management and Internal Audit Methodology.
  • Set up any combination of risk, color combination, description, control and observation ratings.
  • Configure multiplication or addition method for the risk calculations by just a click and configure walkthrough process in either ‘Audit Planning’ or ‘Audit Fieldwork’ by a click as well!
  • Set up default email categories and templates.
  • Customize the Audit Report template (add company logo, standard appendix, structure of the report, etc.)

Risk Management module

  • Add Risk by simply completing a user friendly form.
  • Access to RCM Repository and you get access to a high quality Risk, Controls and Test Steps –we have a large number of processes covered covering operational, financial and IT , even areas related to certain industry. And we keep on adding more!
  • Click risk and controls are imported in your working papers. Edit accordingly.
  • Automatic residual risk score.
  • Download template and upload using Excel.
  • Conduct annual / regular risk assessments.
  • Option to replace the live risk register with the risk assessment or keep the assessment separate.
  • Risk Assessment history is available for view.
  • Workflow approval for completion of risk assessments and changes to risk register.

Audit Plan


  • Creating Audit is very simple. Select the relevant risk(s) from the Risk Register and just click to Create Audit. Fill up the basic and the audit or engagement is created.
  • Yearly Audit Plan created is available with its status.
  • If you don’t have a risk register don’t worry !! You can still create an audit/ engagement without having a risk or a risk register– Click fill up a small form and the audit/engagement is created.

Audit Working Papers

Planning:

  • Capture key data including scope and exclusions (these can be automatically appear in the audit report).
  • And attach key documents such as Audit planning memorandum, scope letter, etc.
  • Capture walkthrough process and create controls – manually or using RCM Repository .
  • Workflow is available for review comments and approval

    • Fieldwork:

  • Automated working papers/files.
  • Test controls (design and operating effectiveness). Access is available to import audit test steps from RCM Repository .
  • Upload evidence and incorporate results.
  • Create observation with heading, detailed finding/ observation, risk, recommendation, risk rating, etc. Access is available to import observation, risk and recommendation from a high quality REPORT Repository.

    • Reporting:

    • Extract automated audit reports using the saved template.
    • Observation, risk, recommendation, management comments, action owner and date are populated from Audit Working Papers.
    • Edit the report using the embedded MS Word file in Auditrek and email directly. Alternately download the report and send it using your own email.
    • Capture Management Comments and Reviewer comments.
    • Approval workflow is enabled for Draft and Final Report.

    Audit Follow up


  • Keep track of all audit observations, recommendations and related action items.
  • Send customized access to department coordinators to submit evidence and comments directly in Auditrek
  • Customize and generate audit follow u actions reports customized at various level (such as auditee level, department lev, etc.)
  • Workflow approval is available .