In addition to providing a breakthrough platform for audit and risk management, MKInsight provides a robust framework for audit and risk management processes. The system supports any audit process / protocol and is not reliant on users adopting an entrenched philosophy / process dictated by the software.

With regard to audit management key functionality includes:
• Tracking of all ongoing audit work
• Analysis of performance against budgets at all levels from an individual to all
• audits in a given period (e.g. financially and or by hours / days)
• Auditor performance tracking
• Bespoke checklists for audit areas and, or locations
• On-line file reviews
• Electronic sign-off of working papers
• Automatic alerts within the system of via e-mail for past due dates
• (e.g. when an audit report is late in being issued)
• Full version control of all audit reports
• Bespoking of all milestone dates

Reporting is comprehensive, examples include:
• Audit progress at all levels:
• Audits planned not started
• Audits started not planned
• Audits started
• Audits with incomplete preparation checklists
• Audits due for reporting
• Reports past their due date
• Monitoring by user defined milestones dates
• Auditor activity at all levels
• Daily, Weekly, Monthly schedules (user defined)
• Audit status reports

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