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:
“We read poetry because the poets, like ourselves, have been haunted by the inescapable tyranny of time and death; have suffered the pain of loss, and the more wearing, continuous pain of frustration and failure; and have had moods of unlooked-for release and peace. They have known and watched in themselves and others.”
—Elizabeth Drew (1887–1965)
“Comparatively, we can excuse any offense against the heart, but not against the imagination. The imagination knows—nothing escapes its glance from out its eyry—and it controls the breast.”
—Henry David Thoreau (1817–1862)