Continuous Controls Monitoring
Advances in technology and data analysis have led to the development of numerous tools which can automatically evaluate the effectiveness of internal controls. Used in conjunction with continuous auditing, continuous controls monitoring provides assurance on financial information flowing through the business processes.
Read more about this topic: Internal Control
Famous quotes containing the words continuous and/or controls:
“I describe family values as responsibility towards others, increase of tolerance, compromise, support, flexibility. And essentially the things I call the silent song of life—the continuous process of mutual accommodation without which life is impossible.”
—Salvador Minuchin (20th century)
“If the Party could thrust its hand into the past and say of this or that event, it never happened—that, surely, was more terrifying than mere torture and death. ... “Who controls the past,” ran the Party slogan,”controls the future: who controls the present controls the past.””
—George Orwell (1903–1950)