Cura Audit

Cura Audit is a sophisticated yet simple to use risk based auditing solution that allows organizations to standardize work papers, audit planning, execution and other audit processes in a productive and efficient manner.  Cura Audit integrates seamlessly with Cura’s GRC enterprise software platform.

Cura Audit helps organizations to manage a wide range of audit related activities, data and processes.  It provides the flexibility to support end-to-end functionality for managing the complete audit lifecycle including: 

• Development of standardized audits and checklists
• Audit planning and scheduling 
• Audit reporting and recommendations
• Field data collection
• Review of audit recommendations by auditors 

Based on this information organizations can effectively manage the implementation of audit recommendations and remediation.

Simplifying Audit Functions

A key differentiator of Cura Audit is its ability to document once, assess once, test once, review once and action once.

Audit Planning allows creation of well definded objectives and scope tied to quality, compliance, risk management and other business processes. Auditors can organize and audit in a logical structure and hierarchy. Evaluation and tasks that need to be performed for executing the audit can be defined and audits can be scheduled periodically or triggered on an ad-hoc basis for specific business processes.

Audit Execution enables auditors to record qualitative and quantitative findings along with detailed observations and recommendations, in predefined formats. Offline capability allows auditors to conduct audits remotely and synchronize the data at any time.  Audit managers can also track the status of the audit and measure progress against milestones to ensure timely execution.

Audit Review covers audit findings, observation reports and auditor recommendations for review and subsequent actions. Cura Audit provides responses review capabilities with the option to re-test for undesirable variations coupled with comprehensive capabilities for compiling audit reports and complete visibility into the audit process with easy status tracking.

Benefits of Cura Audit include:  

• Structured work papers and greater productivity both for auditing and operational teams.
• Streamlined audit project scheduling and management.
• Simplified input of auditing tasks (audit sheets, recommendations and action plans).
• Document management capabilities for business processes, policies and procedures, and workpapers.
• Unified auditing methods and report generation.
• Support for multiple methodologies allowing various types of audits (forensic, internal, project, HSEC and more) to be configured.
• Expense sheets and budget information.
• Platform to assist with corporate governance, strategic objectives and policy and procedure management.

Related Information:

• Cura Audit Data Sheet