Laser Audit Reporting System - LARS

Laser Audit Reporting System, known as LARS, manages internal audits from planning to reporting. It belongs to the Laser GRC suite, developed by Etrends. The web-based tool follows the standards of the Institute of Internal Auditors.

What LARS offers

• Audit planning — annual audit plans and schedules.
• Audit programmes — programmes that auditors can view and follow.
• Work papers and findings — records created and kept inside the system.
• Observation tracking — follow-up on what audits turn up.
• File sharing — all audit files in one place, shared easily with auditors.

Who it works with

Organisations that need a consistent internal audit process, and governance teams in larger enterprises. The suite is described as used by organisations in India and abroad. Other products in the Laser suite cover enterprise risk, legal compliance, internal controls and workplace harassment case handling.

Key facts

• Developer: Etrends
• Suite: Laser GRC
• Delivery: web-based
• Standards: Institute of Internal Auditors