Internal Audit and IT-Based MIS System

Abstract:

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.

Tags: Audit management, Compliance, BN 92, BN92, MicroSave, Internal audit , Credit risks, MIS, Management information system, Iceberg model, Risk management, Fraud management