Audit360 Articles

Risk-based Internal Audit and Checklist-based Audit - Are They Mutually Exclusive?
Earlier this year (Feb'2021) RBI had released a circular for NBFCs (All deposit-taking NBFCs, irrespective of their size; All Non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above; and All UCBs having asset size of ₹500 crores and above) to mandating Risk Based Internal Audits.
December 20, 2021
Digitizing Internal Audit - Make or Buy?
Digitization today is no more a futuristic step; it is not a strategic advantage; it is mere a catching up. If you are reading this and have not digitized the Internal Audit process, you are already behind by a year if not more!
November 25, 2021
Digitization of Internal Audits! An ineluctable scenario or a mere brouhaha?
Digitization is no more an option. It is no more a brouhaha. This article explores the urgency of digitizing Internal Audit function.
November 16, 2021
Digital Transformation of Internal Audits - Key aspects
Through my interactions with many of you in person, or through Social Media Platforms, I am convinced that we all are in the same page when it comes to whether Internal Audit should take the Digital Journey or not.
November 16, 2021
Remote Audits are Here
Remote audits can play a very crucial role in making your internal audit processes more efficient. Specially in times when cost cutting becomes a major concern, remote audits can be a great choice for you and your internal audit team.
November 16, 2021
How to buy a digital internal audit management software? Part 1 (Introducing the 14 most important evaluation criteria)
How to evaluate an internal audit management software? Should you buy one? Or, should you make the software in house? What are the quality specifications of a good internal audit management software? This articles answers these questions.
November 16, 2021

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