Effective audit planning demands careful scheduling, efficient allocation of resources, and strategic alignment with the inherent risks to the institution.
Poor audit planning increases complexity, leading to unnecessary costs and expensive mistakes.
The WolfPAC® Audit Plan allows you to capture a multi-year view of the enterprise-wide audit planning process. The module guides the creation of risk-based audit plans for use during important strategic and operational planning activities.
WolfPAC® modules work together. Overall risk ratings from WolfPAC® Information Technology, Customer Information, Regulatory Compliance and Operational risk assessments are pre-populated into the Audit plan, allowing management to quickly identify high risk areas that require more frequent reviews than those with lower risk. The result is efficiency, cost savings and consistency across the entire risk management process.
Smart. Simple. Systematic.
From Deregulation to Dodd-Frank: Helping Banks Navigate Through the Changes of the Last Four Decades
4.25.12 » Read More“ After all of the products we looked at, WolfPAC® was the only solution that seemed intuitive. The cause and effect logic in the questionnaires made it easy for me to explain how it worked to my Board and show that this was the right solution for us. ”
Dennis Leahy
Bristol County Savings Bank
Learn more about our clients