One of the primary jobs of the assurance and advisory professional is to identify areas of potential risk. However, once identified and assessed, creative solutions are needed to both minimize risk and turn potentially adverse situations into opportunity, thereby generating valuable business insights for our clients. AuditSystem/2 incorporates our Smart Audit Support advanced decision support technology to significantly enhance the quality of engagement planning and risk analysis.
It helps audit professionals identify and assess risks, evaluate internal controls, and develop and audit plan and supporting programs that address relevant issues effectively and efficiently. Smart Audit Support is an integral part of the common documentation and is built into industry-specific audit packs.
While not intended as a substitute for professional judgment, Smart Audit Support assists client service professionals to identify, evaluate, and resolve relevant issues, providing useful guidance and feedback to support the decision-making process. The integrity and consistency of information are always preserved.