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Link profile: Norman Marks on Governance, Risk Management and Internal Auditing (Quality Improvement)
If you have been reading my blogs and articles, you know I am an advocate of continuous monitoring (CM) and auditing (CA) – in particular when it is designed to provide assurance that business risks are managed and the related controls are operating effectively. While there is value in the detective, after-the-fact identification of defects in transactions, that is looking at the past. Providing assurance on the management of risks through effective controls has a forward-looking perspective. Controls provide comfort that today’s and tomorrow’s risks are managed and activities are and will be performed as intended.
Added on: 07.04.2010 | hits: 166