04-07-2013
04-07-2013New Practice Advisory Offers Guidance on Implementing Continuous Assurance | ||
The IIA’s Practice Advisory (PA) 2320-4: Continuous Assurance provides internal audit practitioners with guidance on the implementation and use of continuous assurance. The advisory breaks down the activity by addressing the two key components: oversight of management’s continuous monitoring, and an internal auditor’s continuous auditing approach using computer-assisted audit techniques (CAATs). In addition to defining terms related to the process, some of the areas the PA addresses include:
Read the Practice Advisory |