As the GRC landscape continues to evolve, internal audit is charged with living up to heightened expectations and rebalancing their efforts to focus on enterprise risk and shareholder expectations. Increasing demands challenge the internal audit department to manage compliance requirements with their traditional roles and responsibilities. 

The Institute of Internal Auditors (IIA) helps audit departments manage their traditional roles by providing guidance, standards and best practices regarding the audit process.  Protiviti’s consultants are well-versed in the IIA standards and our Governance Portal supports the profession’s objectives.
 
The Governance Portal for Internal Audit allows you to:

1. Automate the audit process from risk assessment through reporting, providing a central repository for all audit work that is easy to find and manage.
2. Identify and assess risks through integrated surveys to simplify the feedback process and tie risks to key processes and organizations that feed the audit planning process.
3. Schedule audits and allocate audit resources based on availability through easy-to-use calendaring and Gant charts, which allow you to better manage time and resources.
4. Manage electronic work papers offline through the audit workbench.
5. Remediate issues identified during the audit process and follow them through to completion to ensure gaps are addressed.
6. Compile audit information and create final audit reports quickly, reducing time and effort to provide management and boards with key risk information.
7. Follow up on key issues and track status through reporting and dashboards that provide insight into open issues that need to be addressed.
8. Integrate internal audit into your GRC program, as auditors can easily update the risk register, share their insights, and enable others to rely on their validation work.