What is auditable entity report in SAP GRC-SPC - GRC Process Controls for SAP?

SAP Term: auditable entity report

• Component: GRC-SPC

• Component Name: GRC Process Controls for SAP

• Description: A report that displays auditable entities included in the audit universe of your system.

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• Key Concepts: 
  An auditable entity report is a report generated by the GRC-SPC GRC Process Controls for SAP component. It provides an overview of the audit status of an entity, such as a company, department, or individual. The report includes information about the entity's compliance with internal and external regulations, as well as any risks associated with the entity. 
  
  How to use it: 
  The auditable entity report can be used to assess the overall risk profile of an entity. It can also be used to identify areas of non-compliance and to develop strategies for mitigating those risks. The report can be used to track progress on compliance initiatives and to ensure that all regulations are being met. 
  
  Tips & Tricks: 
  When using the auditable entity report, it is important to ensure that all relevant information is included in the report. This includes information about any changes in regulations or policies that may affect the entity's compliance status. Additionally, it is important to review the report regularly to ensure that all risks are being addressed and that any changes in regulations or policies are being taken into account. 
  
  Related Information: 
  The GRC-SPC GRC Process Controls for SAP component also includes other reports such as risk assessment reports and control assessment reports. These reports provide additional information about an entity's compliance status and can be used in conjunction with the auditable entity report to gain a more comprehensive understanding of an entity's risk profile.