Audit Universe & Risk Assessment
Map every auditable entity, process and system into a living audit universe, then score inherent and residual risk with a consistent, defensible methodology. Verity renders your ratings as a risk heat-map, so the annual plan is built on evidence rather than gut feel.
- Structured entity/process register with owners and history
- Configurable risk factors, weightings and scoring scales
- Visual heat-map to rank and prioritise the universe
- Full audit trail of every rating change