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• Continuous Controls Monitoring https://store.theartofservice.com/the-continuous-controls- monitoring-toolkit.html

Continuous Controls Monitoring

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Page 1: Continuous Controls Monitoring

• Continuous Controls Monitoring

https://store.theartofservice.com/the-continuous-controls-monitoring-toolkit.html

Page 2: Continuous Controls Monitoring

Internal control - Continuous Controls Monitoring

1 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.

https://store.theartofservice.com/the-continuous-controls-monitoring-toolkit.html

Page 3: Continuous Controls Monitoring

ArcSight - Products

1 * ArcSight Auditor Applications: automated

continuous controls monitoring

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Page 4: Continuous Controls Monitoring

Continuous auditing - Components of continuous auditing

1 Continuous auditing is made up of three main parts: continuous data

assurance (CDA), continuous controls monitoring (CCM), and continuous risk monitoring and assessment (CRMA).Vasarhelyi,Miklos. The

Coming Age of Continuous Assurance. Insights. Melbourne

Business and Economics. April 2011. 23-30.

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Page 5: Continuous Controls Monitoring

Continuous auditing - Continuous Controls Monitoring

1 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.

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Page 6: Continuous Controls Monitoring

Continuous auditing - Internal drivers

1 As companies have become more integrated within their own departments and with other companies, such as suppliers and retailers, a

desire for data integrity throughout the electronic data exchange process is also

driving demand for continuous auditing.Van Decker, J., 2004, The Need for Continuous

Controls Monitoring, Available Online, Delta 2951: METAgroup,

http://www.metagroup.com/webhost/ONLINE/739743/d2951.htm.Vasarhelyi, M.A., Alles, M

https://store.theartofservice.com/the-continuous-controls-monitoring-toolkit.html