What is Business Process Review and Reengineering (BPR)?

What is BPR:

Business Process Review and Reengineering (BPR) is a systematic examination of an organization's existing business processes with the goal of improving their efficiency and effectiveness.

Benefits of BPR:

As part of an audit, BPR can help identify areas where the organization's processes can be streamlined, automated, or otherwise improved. The benefits of BPR include increased productivity, reduced costs, improved customer service, and increased organizational agility. Additionally, BPR can help organizations identify and mitigate risks, such as compliance risks, and improve overall process control.

How BPR is used in Internal Audit:

• Business Process Review and Reengineering (BPR) can be linked to internal audit in several ways. One way is that internal auditors can use BPR as a tool to evaluate the effectiveness and efficiency of an organization's business processes. This can help identify areas where processes can be streamlined or improved, which can lead to cost savings, increased efficiency, and improved compliance with laws and regulations.

• Additionally, internal auditors can use BPR to help evaluate the organization's internal controls, such as risk management and compliance processes, to ensure they are effective in mitigating risks and adhering to laws and regulations. Overall, BPR can be a valuable tool for internal auditors to assess the overall effectiveness of an organization's internal processes and controls.