DATA SHEET

Archer Audit Planning & Quality®

Use Case for Audit Management

The Challenge
One of the primary challenges for internal audit teams is lack of access to broad, dynamic
enterprise risk and control information and analysis. Instead, they are left to rely on a
static audit universe risk assessment (AURA) to evaluate risk and drive audit work. This
prevents internal audit from adjusting their audit plans to rapidly changing risks andbusiness concerns.
Audit plan and risk assessment documentation is often decentralized, captured in multiple
tools and systems that are difficult to integrate. There is no easy, fluid way to manage
audit plans, let alone coordinate objectives among risk and compliance groups. In addition,
while internal audit teams are under increased pressure from audit committees andmanagement to improve their processes, quality control procedures are often sporadic,
inconsistent and difficult to follow up on.

Overview
Archer Audit Planning & Quality enables internal audit teams to define and risk assess
their audit entities and universe, plan for audit engagements in upcoming periods,
and manage their audit staff and schedule. Audit Planning & Quality integrates richmanagement risk and control information, enabling internal audit to ensure their audit
objectives are aligned with enterprise risk management and other related groups. The
use case puts you in control of the entire audit planning lifecycle, enabling improved
governance of audit-related activities while also providing integration with your risk
and control functions.
®

Key Features

Key Benefits

 Complete workflow to create and assess
audit entities, perform risk assessments
and manage audit plans.

With Archer Audit Planning & Quality,
you can: Workflow to manage your audit staff andscheduling of audits.
 Centralized location for storing andmanaging audit plans, audit entities, andassessment results.
 Audit quality assurance andreview checklists.

 Execute on a dynamic, risk-driven audit
plan aligned with the organization’spriorities and focuses on the mostimportant risks.
 Easily provide Board-level reporting thatkeeps the audit committee well-informedof the status of audit plans, risk andcritical findings.
 Demonstrate the strategic value ofinternal audit and more efficient use ofaudit resources.
 Reduce external auditor fees by providing
self-serve access to the information
they need.

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Discover More
Archer is a leading provider of integrated risk management (IRM) solutions that enable customers to improve strategic decisionmaking and operational resilience with a modern technology platform that supports qualitative and quantitative analysis driven
by both business and IT impacts. As true pioneers in GRC software, Archer remains solely dedicated to helping customers manage
risk and compliance domains, from traditional operational risk to emerging issues such as ESG. With over 20 years in the risk
management industry, the Archer customer base represents one of the largest pure risk management communities globally, withmore than 1,200 customers including more than 50% of the Fortune 500.

©2022 Archer Technologies LLC. All rights reserved. Archer and the Archer logo are registered trademarks or trademarks of Archer
Technologies LLC in the United States and other countries. All other trademarks are the property of their respective owners. Archerbelieves the information in this document is accurate. The information is subject to change without notice. 11/22 Data Sheet.