What is 'control library' in SAP GRC-AUD - SAP Audit Management?

control library - Overview

• Component: GRC-AUD

• Component Name: SAP Audit Management

• Description: A central repository for imported controls that can be used in auditing.

control library - Details

• 
  Key Concepts: 
  Control Library is a feature of SAP Audit Management (GRC-AUD) that allows users to store and manage their audit controls in a centralized repository. The library provides a comprehensive list of audit controls that can be used to assess the effectiveness of internal controls and identify potential risks. It also allows users to customize their own audit controls and add them to the library. 
  
  How to use it: 
  To use the Control Library, users must first create an account in SAP Audit Management. Once logged in, users can access the library by navigating to the “Controls” tab. From there, they can view the list of available audit controls and select the ones they want to use. They can also customize their own audit controls and add them to the library. 
  
  Tips & Tricks: 
  When creating custom audit controls, it is important to ensure that they are comprehensive and accurate. Additionally, users should regularly review their audit controls to ensure that they are up-to-date with any changes in regulations or industry standards. 
  
  Related Information: 
  For more information on SAP Audit Management and its Control Library feature, please refer to the official SAP documentation at https://help.sap.com/viewer/product/GRC_AUD/10/en-US.