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Internal Audit and IT-Based MIS System
In this note, Microfinance is all about managing operations and risk, and therefore requires an efficient monitoring system. IT-based MIS is can therefore significantly enhance the capability of internal auditors.
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Sep 14, 2010 by Piyush Prasoon
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.
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