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Audit Execution Phase

Audit Life Cycle Audit Execution Phase

The execution phase involves performing the actual audit procedures, testing internal controls, and gathering evidence. AnyAudit enhances audit execution through advanced analytics, control testing, and real-time reporting.

Data Analytics & Sampling :
Perform in-depth analysis using statistical and non-statistical methods for sample selection. This ensures that sampling is accurate and representative, reducing manual effort.

Risk Assessment & Control Testing :
Conduct structured risk assessments and implement control testing to evaluate internal controls. This feature helps identify risks and ensures controls are tested thoroughly for compliance.

Real-Time Dashboards & Reporting :
Keep track of audit progress with interactive dashboards that provide real-time insights into task completion, bottlenecks, and audit findings.