Internal Audit and IT-Based MIS System

• by Piyush Prasoon
• Sep 14, 2010
• 1 min
Download resource

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.

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.