The Audit Entity application provides a single, centralized location to capture details about each area that could be the subject of audit scrutiny, such as business processes, organizational units (such as a department), specific topics (a regulation, such as FFIEC), IT infrastructure and applications, or other individual or consolidated areas.
Through the Audit Entity application, you can:
- Define each audit entity and create a "universe" of audit entities. Based on the business processes you select, the system can auto-scope the audit entity by gathering related facilities, applications, and devices.
- Define each audit entity by relating the entity to cross-referenced records (for example, business processes, applications) in other applications.
- Assign audit and business ownership to each audit entity.