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:
“There was a continuous movement now, from Zone Five to Zone Four. And from Zone Four to Zone Three, and from us, up the pass. There was a lightness, a freshness, and an enquiry and a remaking and an inspiration where there had been only stagnation. And closed frontiers. For this is how we all see it now.”
—Doris Lessing (b. 1919)
“We’ve got to figure these things a little bit different than most people. Y’know, there’s something about going out in a plane that beats any other way.... A guy that washes out at the controls of his own ship, well, he goes down doing the thing that he loved the best. It seems to me that that’s a very special way to die.”
—Dalton Trumbo (1905–1976)