Boards, regulators and investors expect organisations to show that their risks are understood, their controls work and their obligations are met. Internal audit, risk management and compliance each play a part, and they work best when they are joined up. Here is how our three solutions fit together.
Internal Audit Software
MPCS Audit Programs helps internal audit teams build risk-based audit programs quickly. Choose a function and sub-function, and the software provides a ready-to-use program of controls and audit steps from our library, which you can tailor and export. It also tracks which areas have been audited, for each company, over the past five years, so coverage gaps are easy to see.
Risk Management
Effective risk management starts with understanding what could stop the organisation from meeting its objectives. We help organisations to:
- Carry out enterprise and process-level risk assessments
- Maintain practical risk registers and risk appetite frameworks
- Map key risks to the controls that manage them
- Identify control gaps and agree practical improvements
Compliance
Compliance obligations keep growing, from corporate governance codes to financial reporting standards and IT controls. We help boards and management meet them with frameworks that are proportionate to the size of the business, including governance and policy reviews, regulatory compliance reviews, IFRS support and IT general controls reviews.
How the pieces connect
Risk management identifies what matters. Controls are designed to manage those risks. Internal audit tests whether the controls work. Compliance confirms that legal and regulatory obligations are met. Using one control library and one view of coverage across all four makes the whole system easier to manage and to report on.
Working with us
You can use our software on its own, combine it with support from our specialists, or ask our professionals to carry out the work for you. Explore our solutions or request pricing.