Does history repeat itself? Or do we finally see Continuous Auditing (CA) and Continuous Monitoring (CM) flourish in the coming years? CA/CM is trending like it was 10 years go. At that time, this did not result in a paradigm shift in the Internal Control and Audit world as practical implementations lagged. Companies were either not ready to implement CA/CM due to their decentralized IT environment, their often immature internal control processes and/or they could not compile the business case.
Now, the momentum seems to be here. In (IT) Audit we see more and more implementation of CA/CM using “off-the-shelf” platforms or a combination of different tooling (D&A and workflow).
In this session, we will explore the journey of organizations (amongst Audit firms) to CA/CM, share lessons learned from practical implementations and look into the benefits to control (IT) processes.
Speakers: Elinesofie Dolhain and Koen Klein Tank