Software code audits can be arduous and time-consuming, as today's software projects use a mix of proprietary, commercial, and open source software. We adopt a number of methods to simplify and streamline your audit process and undertake the best practices in organizing, documenting, labeling, tracking, and managing open source and third-party content brought into software portfolios. The knowledge gained by a software audit allows foretelling of potential quality, compliance, and security vulnerability issues associated with current and future products.