This solution maximizes audit efficiency and team collaboration through modern workpapers and seamless integration of analytics, ensuring compliance with Government Auditing Standards.

Key Features

• Automate Workpapers & Analytics: Optimize audits by using analytics to examine organization-wide data sets, improving collaboration while complying with Government Auditing Standards.
• Visibility & Assurance: Meet the requirements of OMB Circular A-123 by working effectively and efficiently through automated control monitoring, mapping assurance back to your risk profile and program objectives.
• Compliance Oversight: Detect fraud, mitigate risks, and provide necessary oversight for grants and entitlement programs like Social Security and Medicare to comply with Federal Uniform Grant Guidance (2 CFR, Part 200).
• Continuous Monitoring: Gain visibility into operating expenses and easily monitor procurement, payroll, purchase cards, spend risk, and more. Use analytics to manage financial processes, planning, and reporting.
• Audit History: Maintain an audit history and gain real-time visibility across all audits to ensure regulatory compliance and communicate more effectively.
• Advanced Audit Analytics: Aggregate, clean, and normalize your data using Diligent ACL Analytics. Run analyses, provide results, and generate visual reports all in one place.
• Transparent Reporting: Quickly and easily provide a curated picture of risk to senior leadership, promoting alignment between audit activities and agency objectives.

Benefits

• Efficiency: Automate the entire audit process, including annual planning, data and document requests, testing of data and controls, identification of findings, and compiling reports with the click of a button.
• Enhanced Decision-Making: Deliver key risk insights with customizable dashboards, providing real-time visibility into business metrics.
• Scalability: Adapt to the evolving needs of your organization with a solution that scales with you, providing ongoing support and enhancements.

Diligent Audit Management for Federal Agencies is trusted by leading federal organizations to deliver clarity, control, and confidence in their audit processes, making it an essential tool for modern governance.