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SAI Nepal Launches Audit Management System
- 14 March 2022
- Posted by: SAI Russia
- Category: News
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SAI Nepal launched much-anticipated Nepal Audit Management System (NAMS). NAMS is a software that streamlines the audit process in order to accurately identify and reduce risks, thereby saving time, space, and money. This new system marks the beginning of a digital audit regime in Nepal.
SAI Nepal has issued a directive and formed a unit to manage NAMS, which leverages information and communications technology (ICT) and integrated government applications to automate the audit life cycle. The system supports all audit activities, including:
- Risk-based audit planning at federal, provincial, and local levels;
- Data migration from different government ICT systems;
- Online access to the audited entity;
- Audit execution, based on checklists and templates;
- Online audit quality control and assurance mechanism;
- Online transmission of system-generated audit reports;
- Archiving of audit documents.