Continuous Controls Monitoring

"Automated control monitoring ... can enhance the effectiveness, efficiency and timeliness of monitoring specific controls."

(2009 COSO Guidance on Monitoring Internal Control Systems)

Internal control systems are essential for the effective operation of any organization. However, over time, without monitoring, control systems deteriorate. Through the implementation of appropriate monitoring processes, organizations can identify and remedy internal control deficiencies on a timely basis and produce more reliable information for decision making and financial reporting.

Monitoring procedures can be either ongoing (continuous) or separate evaluations. However, labour-intensive separate evaluations can be very costly and often ineffective. Continuous Controls Monitoring can substantially reduce the need for separate evaluations by gathering almost all the evidence needed to support enterprise-wide governance.

CaseWare™ Monitor provides continuous monitoring for key controls within any or multiple business processes across the enterprise through a single portal. CaseWare™ Monitor Solutions contain a comprehensive suite of tests and the ability to monitor business processes regardless of the underlying data sources, platforms or locations.

Download these Solutions brochures to learn more:

• Anti-Money Laundering
• Retail and Distribution
• Health Insurance Fraud
• Loan Portfolio
• Order to Cash
• Purchase to Payment
• Payroll
• Revenue Assurance for Utilities
• Segregation of Duties
• Taxation
• Continuous Auditing
• Windows Security Logs
• Completing the Enterprise Risk Management (ERM) Circle
• Purchasing Cards Monitoring Solution