Paper
Internal Audit and IT-Based MIS System
Defining the role of IT-based MIS systems for MFIs
2 pages
Microfinance is all about managing operations and risk, and therefore requires an efficient monitoring system. Audit plays this function. An IT-based MIS system helps auditors analyze large numbers of branches quickly and efficiently, thus reducing costs, saving time and yielding more accurate and reliable results. IT-based MIS can therefore significantly enhance the capability of internal auditors for MFIs.
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