Some great benefits of a Electronic Audit

Increasingly popular for many organizations, virtual audits utilize info and communication technologies (ICT) to execute interviews, safely exchange documents and other proof, and have tours of facilities. This is a change via traditional taxation methods that relied in writing forms, face-to-face interactions, and travel to the audit site.

In addition to the capability to conduct selection interviews and exchange documents by way of email or perhaps secure messaging, these audits allow the use of live video internet streaming for meetings. Using this technology in conjunction with web events, a remote review can provide auditors with the same quality assurance and control seeing that an in-person audit.

Primary advantages of a Electronic Audit:

A vital advantage to conducting virtual audits is that they eliminate the need for flying to a facility and minimize costs in the act. Travel, meals, and inn expenses calculate quickly and will have a significant impact on the entire cost of an audit.

Planning & Logistics:

Careful planning and coordination is virtual audit required for both the auditor and the facility when conducting a virtual exam. This involves deciding the best way to promote documents and records electronically, as well as the most efficient means of allowing for access to enterprise Intranet or shared directory website space, and the appropriate access levels for document review.

Establishing a logical file system to better organize documents requested by the auditor is likewise beneficial. This ensures that every requested data files are easily available when they are reviewed.

For example , if an auditor needs raw material lot data in a factory or a teaching file for employees, these items needs to be categorized into one folder in the document-sharing web page. This provides a more organized document structure for the purpose of the auditor to work, which makes all their job easier and allows them to give attention to reviewing other audit artifacts.