Continuous Controls Monitoring
Continuous controls monitoring consists of a set of procedures used for monitoring the functionality of internal controls. CCM relies on automatic procedures, presuming that both the controls themselves and the monitoring procedures are formal or able to be formalized. CCM can be used for monitoring access control and authorizations, system configurations, and business process settings. CDA and CCM are complementary processes. Neither process is self-sufficient or comprehensive. Even if no data faults are found it cannot be concluded that controls are fail-safe. Further, even if controls are being implemented, data integrity cannot be assumed. When combined, however, these monitoring approaches present a more complete reliance picture.
Read more about this topic: Continuous Auditing, Components of Continuous Auditing
Famous quotes containing the words continuous and/or controls:
“I read the newspapers avidly. It is my one form of continuous fiction.”
—Aneurin Bevan (1897–1960)
“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)