“Continuous Auditing is any method used by auditors to perform audit-related activities on a more continuous or continual basis.” Institute of Internal Auditors
Traditionally, fraud and abuse are caught after the event and sometimes long after the possibility of financial recovery. By monitoring transactions continuously, organisations can reduce the financial loss from these risks.
A Continuous Auditing (“CA”) programme will typically include most if not all the following components:
We can support the whole range of activities required to apply continuous auditing & monitoring, from proof of concept to embedding it within an organisation as “business as usual”.