GOLDENHORN Internal Audit Management


The ‘Internal Audit Management’ module of GOLDENHORN ONEGRC  Software Suite is equipped with a suite of key features, each meticulously designed to enhance the efficacy and efficiency of internal audit processes. These features, or building blocks, are crafted to ensure that the audit management process is not only comprehensive but also intuitive and aligned with the latest industry standards. They cater to a broad spectrum of audit-related activities, ranging from data management to risk evaluation, thereby providing a holistic audit management experience.


The ‘Internal Audit Management’ module within the GOLDENHORN ONEGRC  Software Suite is a sophisticated solution designed to optimise and enhance internal audit processes across various organisational domains. This module encompasses a range of sub-modules, each tailored to specific aspects of internal auditing, including Business Assurance, IT/IS Assurance, and External Service Provider Assurance. These sub-modules are crafted to address the unique challenges and requirements in each domain, ensuring a focused and effective audit process. The module integrates essential features like Master Data Management and Risk and Impact Analysis Management, providing a comprehensive toolkit for navigating the complexities of modern internal auditing. This integration enables a streamlined and efficient audit process, encompassing all stages from planning to execution and reporting, ensuring thoroughness and precision in every audit.

Key features within the module, such as Programme Management and Control Project Management, provide a structured and methodical framework for conducting audits. These features ensure that every stage of the audit process is well-coordinated and effectively executed, aligning with the strategic objectives of the organisation. The module’s comprehensive and holistic design simplifies the audit process and ensures adaptability to the changing needs of the business environment, making it a versatile tool for organisations of all sizes.

Value Delivery

The ‘Internal Audit Management’ module delivers substantial value by providing an integrated, end-to-end solution for audit management. The suite’s capability to manage complex audit tasks through its diverse sub-modules and key features ensures a thorough approach to internal auditing. Features like Master Data Management serve as a central repository for all audit-related data, enhancing data accuracy and accessibility. Additionally, the Risk and Impact Analysis Management feature offers detailed tools for risk assessment, enabling proactive risk management and mitigation strategies.

The module’s adaptability and scalability are key in its value delivery. Designed to fit various organisational needs, it effortlessly scales to handle increased audit demands or adapts to new regulatory requirements, making it a sustainable solution for future audit challenges. This flexibility ensures that as an organisation’s needs evolve, the ‘Internal Audit Management’ module continues to be an indispensable tool in their audit management arsenal.


Implementing the ‘Internal Audit Management’ module brings multiple benefits. It significantly improves the efficiency and effectiveness of audit processes by automating various components of the audit lifecycle. This automation reduces manual effort and minimises potential errors, leading to time and cost savings. The module’s comprehensive nature ensures all aspects of the audit process are covered, enhancing the quality of audit outcomes and providing valuable insights for decision-making.

Furthermore, the module instills confidence among stakeholders by ensuring audits are conducted with high standards of accuracy and integrity. This reliability is essential in maintaining stakeholder trust and upholding the organisation’s reputation. The module’s real-time insights and analytics capability empowers organisations to respond swiftly to emerging risks and opportunities, enhancing their overall agility and competitive edge in the market.

Target Users

The target users of the ‘Internal Audit Management’ module are varied, catering to a wide range of professionals within an organisation. Primarily, the module is designed for internal auditors and audit managers who require a comprehensive tool to manage and execute audit processes efficiently. Its features are tailored to meet the needs of these professionals, enabling them to conduct thorough audits with greater ease and precision.

Additionally, the module is also highly beneficial for IT/IS professionals, external service auditors, and risk management teams. These users will find the IT/IS assurance and External Service Provider assurance sub-modules particularly useful in managing audits specific to their domains. The module’s versatility makes it a valuable tool for any organisation seeking to enhance its internal audit and risk management processes, ensuring compliance and fostering a culture of continuous improvement.

Key Features (Aspects)

Master Data Management Building Block: This feature serves as the backbone for data integrity, ensuring that all audit-related data is accurate, consistent, and easily accessible. It plays a pivotal role in maintaining a centralised data repository, crucial for effective audit analysis and reporting.

Business Service Asset Catalogue Management Building Block: Focuses on managing and cataloguing business assets, this feature aids in the clear identification and tracking of assets, crucial for risk assessment and control processes.

Programme Management Building Block: Essential for planning and executing audit programmes, this feature provides tools for scheduling, tracking, and managing various audit projects efficiently.

Management Planning Building Block: This feature facilitates strategic planning within the audit process, ensuring that audit activities align with organisational goals and regulatory requirements.

Risk and Impact Analysis Management Building Block: Dedicated to identifying and analysing potential risks, this feature is instrumental in proactive risk management and impact assessment, enabling auditors to formulate effective mitigation strategies.

Control Project Management Building Block: This tool assists in managing and monitoring control-related projects, ensuring that internal controls are effectively implemented and reviewed.

Risk Evaluation Project Building Block: A feature focused on evaluating risks associated with different projects, it helps in understanding the risk landscape and prioritising audit activities accordingly.

Control Testing (VVMi) Building Block: This feature involves the verification and validation of internal controls, ensuring they function as intended and comply with set standards.

Evaluation and Scoring Monitoring (ESMi) Building Block: It facilitates continuous monitoring and evaluation of the audit process, employing scoring mechanisms to assess performance and identify areas for improvement.

Test Finding and Risk Detection Building Block: This aspect focuses on detecting and documenting test findings, playing a crucial role in uncovering risks and non-conformities.

Non-Conformity Building Block: Addresses issues of non-compliance and deviations, ensuring that any discrepancies are identified and addressed promptly.

Test Finding Action Request Building Block: Facilitates the management of actions required to rectify test findings, ensuring effective resolution and follow-up.

Incident Management Building Block: This tool manages unexpected incidents that arise during the audit process, ensuring a swift and appropriate response.

Work Activity Hub Management Building Block: It serves as a central point for managing and coordinating audit-related tasks and activities, enhancing collaboration and efficiency.

Time Sheet Management Building Block: Enables accurate tracking of time spent on various audit activities, crucial for resource management and planning.

Goldenhorn OneBasis Model Building Block: A feature that provides a foundational model for the audit process, aligning it with best practices and regulatory standards.

Goldenhorn OneBasis Engine Building Block: Powers the entire audit module, ensuring seamless integration and functioning of all the building blocks within the system.

Sub Modules


The ‘Internal Audit Management’ module of the GOLDENHORN ONEGRC  Software Suite offers a comprehensive set of sub-modules designed to cater to the diverse needs of internal auditing in modern organisations. Each sub-module is tailored to target specific areas of the audit process, ensuring thoroughness, accuracy, and efficiency. By integrating these sub-modules into their audit strategy, organisations can expect a more holistic and effective approach to internal auditing, aligned with their specific operational requirements.

Sub Modules

Business Assurance and Internal Audit Sub Module: This sub-module focuses on assessing and improving the effectiveness of business processes and governance. It ensures businesses are operating efficiently and in compliance with relevant standards and regulations.

IT/IS Assurance and Internal Audit Sub Module: Tailored for the IT sector, this sub-module emphasises on evaluating the reliability and security of information systems. It plays a crucial role in ensuring that IT systems align with business objectives and are protected against cyber threats.

Interested Party Assurance and Internal Audit Sub Module: Focused on stakeholders, this sub-module involves auditing processes and systems to ensure they meet the expectations and requirements of interested parties, such as investors, regulators, and customers.

External Service Provider Assurance and Internal Audit Sub Module: This sub-module assesses the performance and compliance of external service providers, ensuring that their services align with the organisation’s standards and contractual agreements.

Assurance and Internal Audit Investigation Sub Module: Dedicated to investigative auditing, this sub-module delves into specific issues or irregularities, providing a thorough analysis and uncovering the root causes.

Bank Branch Assurance and Internal Audit Sub Module: Specifically designed for the banking sector, this sub-module focuses on auditing the operations and compliance of individual bank branches, ensuring they adhere to financial regulations and internal policies.


In conclusion, the ‘Internal Audit Management’ module of GOLDENHORN ONEGRC  Software Suite offers a versatile and comprehensive set of sub-modules that cater to the varied needs of internal auditing across different domains. Each sub-module is crafted to ensure precision, efficiency, and effectiveness in the audit process, aligning with the unique operational needs of the organisation. By integrating these sub-modules into their audit strategy, organisations can enhance their audit capabilities, ensure compliance, and ultimately strengthen their overall governance and risk management framework.