Laser Audit Reporting System - LARS

Laser Audit Reporting System, known as LARS, is web-based software for managing internal audit work. It sets out one consistent process for the whole audit lifecycle, and its design follows the standards of the Institute of Internal Auditors.

What Laser Audit Reporting System - LARS offers

• Audit planning — lays out the annual audit plan and schedules each engagement.
• Audit programmes — lets users view the programme that applies to each audit.
• Working papers and findings — supports writing up papers and recording what the audit finds.
• Observation tracking — follows observations until they are dealt with.
• Shared file storage — keeps every audit file in one place and makes it simple to share with auditors.

Who it works with

The system is for organisations that run an internal audit function and want a disciplined, uniform way of managing it.

Key facts

• Delivery: web-based
• Standards: aligned with Institute of Internal Auditors guidance