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Related ResourcesThe Andhra Pradesh Crisis: Clients' Perspective
Internal Audit and IT-Based MIS SystemBriefing Notes Author: Piyush Kumar Prasoon
Published: September 14, 2010
Microfinance is all about managing operations and risk, and therefore requires an efficient monitoring system. Audit plays this function. An IT-based MIS system helps the auditors in analysing large numbers of branches quickly and efficiently, thus reducing cost and saving time with more accurate and reliable results. IT-based MIS is can therefore significantly enhance the capability of internal auditors.