Planning and working papers
Organise audit-universe and plan records, working papers, samples and supporting files. Keep the assessment scope clear for the engagement or review period.
Governance & assurance
Audit & inspection
Take audits and regulatory inspections from evidence requests to independently validated closure.
PURPOSE & PRACTICE
Carry an observation through to verified closure.
Audit and inspection work creates requests, working papers, observations and management commitments. Those records need to stay connected so a later reviewer can see the basis of a finding and the evidence used to close it.
The module gives assurance teams a workspace for planning, fieldwork and follow-up. Issue owners can support their responses while reviewers retain a distinct role in evaluating whether the corrective action addresses the original weakness.
Built around the work of
- Internal audit
- Inspection coordinators
- Management action owners
CAPABILITIES
What you can manage.
Inspection and evidence requests
Coordinate requests from inspection or review teams with accountable owners. Retain submitted evidence, explanations and the resulting observations.
Findings and corrective actions
Track management responses, root causes, action plans and repeat findings. Preserve the independent validation that supports closure or continued follow-up.
FROM INPUT TO OUTCOME
A practical path through the work.
Define and support the review
Set the scope, gather working-paper evidence and document the assessment that leads to the observation.
Agree the response
Record the management explanation, action owner, expected correction and target date.
Validate the result
Examine implementation evidence against the original finding and document the reviewer’s closure or follow-up decision.
YOUR INSTITUTION, YOUR SCOPE
Relevant to banks and NBFCs.
BANKING INSTITUTIONS
For banks
Scope assurance work across the bank’s relevant functions, branches and control areas. Keep engagement evidence and inspection responses traceable to their responsible units.
Explore banking workflows ↗NON-BANKING FINANCIAL COMPANIES
For NBFCs
Align audit and inspection work to the NBFC’s business, governance and outsourced activities. Retain evidence from service providers where it supports an institution-owned control conclusion.
Explore NBFC workflows ↗Scope and implementationThe platform supports the assurance process; it does not issue an audit opinion or certify compliance.
INSIDE THE MODULE
Audit working-paper evidence
A view from the actual application, with the current module navigation. Open the screenshot to explore it in full.
The working-paper evidence screen shows reference files alongside the audit workspace navigation, illustrating how supporting material remains available for review.
Reference bank environment · Captured 12 October 2026SEE THE ESSENTIALS · APPROVED MEMBERS
Inside the workflow in one minute.
Actual app screens, clear narration and optional captions. Choose a film to watch with your approved member account.
01:00 APPROVED MEMBERS
Governance & assurance
Audit & remediation
Connect working papers and findings with management responses, accountable actions and independent closure review.
Watch in one minute ↗APP WALKTHROUGH · APPROVED MEMBERS
Audit and remediation: from working paper to evidenced closure
Explore the actual RegQuanta audit workspaces: review scope, working papers, findings, root causes, management responses, corrective actions and closure validation.
10 min 2 sec · 14 chapters · English captions & transcript
Watch the audit walkthrough ↗Create an account, verify your email and receive administrator approval to watch.
SUPPORT THE CONCLUSION
Evidence to keep together.
- Review scope and approved plan references
- Working papers, samples and request responses
- Findings and agreed management actions
- Closure-validation and repeat-issue history
PRACTICAL QUESTIONS
Before you put it to work.
Can an action owner close a finding by marking it complete?
Implementation and validated closure are distinct. The required reviewer should examine the evidence and record whether it addresses the finding before closure is accepted.
Does the platform provide an audit opinion?
No. It supports audit and inspection coordination, evidence and follow-up. Professional judgements, opinions and certifications remain with the responsible assurance professionals.
LEARN THE SUBJECT
Educational reading.
Governance & assurance8 min read
Risk-based internal audit and evidence-led remediation
Follow a finding from risk assessment to sustainable, independently tested closure.
Read article ↗Governance & assurance8 min read
Audit remediation worked example: from finding to closure evidence
A fictional finding, a 60-record test and a reasoned decision to keep the issue open. Follow the evidence, then use the editable toolkit.
Read article ↗CONNECTED WORK